Recommended Reading

• What They Didn't Tell Ya About Money In High School Part 1
• What They Didn't Tell Ya About Money In High School Part 2
• What They Didn't Tell Ya About Money In High School Part 3
• What They Didn't Tell Ya About Money In High School Part 4
• What They Didn't Tell Ya About Money In High School Part 5
• How to Stop The "N.F.L. Syndrome" From Stealing Your Retirement
• To those who want to save more money in 2009 and beyond...
• To single mothers who need to salvage their 401K's...
• How to Save $100 a Week In Three Easy Steps

About Retirement Calculator, Inc.

CBS The Early Show

Watch the video clip

Recommended Reading

• Retirement Calculator
• How to Build A Retirement You Can Fall In Love With
• The "Blue Grass" Retirement Haven You Don't Know About
• How to Heal From a 401K "Burn Notice"
• The Tax-Free Security Blanket For Your Child's College Fund
• How to Get A Guaranteed "Lotto Ticket" For Life!
• How to Pick The Right Mutual Funds For Your 401K
• How to Build Your Own Retirement "Christmas Tree"
• The "Toddler's Secret" For Building a 401K
• How to Grow A Strong 401K For Your Retirement
• Why 20% of Top Earners Get More Out Of Their 401K Plans
• The "Red Zone" 401K Game Plan To Score in Retirement
• How to Escape The 5th Ring Of Financial Hell
• How to Stop the "Pension Pirates" from Stealing your Retirement
• The 7 "Deadly Sins" Of Retirement You Can't Afford to Make
• To 30 Something Married Couples...
• How Raising Your Money IQ Can Give You A Richer Retirement
• To single mothers who need to salvage their 401K's...
• The Nervous Retiree
• Why You Need Retirement Calculator Software
• Analysis of the Economics of Early Social Security Withdrawal

• FREE Retirement Calculator recommended by Ray Martin on the CBS Early Show - Watch the video clip
• FREE Retirement EBook written by Bill Losey, America’s Retirement Strategist
• FREE Retirement Intelligence Information Services Newsletter
• FREE New Social Security Calculator
• FREE Consultation with a certified financial advisor in your area

Chartered Retirement Plan ning

Do You Need Chartered Retirement Planning?

When you are looking at your financial goals - whether your intention is to be able to have all of the money that you need to travel or even to relocate once you have retired, or you just want to be able to have an income set aside so that, if anything unforeseen should come up, you will be able to cover the costs of it - there are going to be a number of options available. One of those options is chartered retirement planning.

Chartered retirement planning is a method by which your financial plans are developed by someone who has take a certain series of courses. When you take advantage of chartered retirement planning, you will be able to have a sense that the plans put into place and the strategies that are used when savings accounts and investment portfolios are chosen will have a rhyme and reason behind them.

However, it is not necessary to have chartered retirement planning in order to reach the financial goals that you have set for yourself. With the right tools - including the free retirement calculator that you can download on this page - you can take a closer look at the savings accounts that you have as well as at the investments that you've chosen to make. Your savings accounts - whether they are individual retirement accounts, 547 accounts or certificates of deposit or other accounts - are an important part of your retirement planning; make sure that you are earning the best rate of interest and that your accounts are growing and helping to increase your retirement income.

Likewise, your investments - both individual stocks that you have as well as mutual funds that you have invested in over time - need to be taken a look at so that you are able to be sure they are performing well. That means looking at their past performance and looking at the ways in which each are projected to perform in the future. Whether or not you use chartered retirement planning, it is important to take a look at your investments - ultimately, it's your retirement savings, you need to be sure that those savings are working for you.

When you download the free retirement calculator, your contact information will be forwarded to a financial advisor who will call you to follow up so that you can ask any questions that you have. During that call, you will be able to ask whether or not he or she has a better suggestions for which accounts you should hold your money in or what investments can help you to reach your goals and you can also ask questions that you have about chartered retirement planning and whether or not it is something that you actually need.

Keep in mind that your retirement savings and investments - the income that will be available to you once you have retired - has one purpose: to let you live out your retirement on your terms. Whether or not you are using chartered retirement planning, it's essential to stay on top of your accounts and to make sure that they are working for you.

Find a Qualified Financial Planner in Your Area

Do You Know the Answers to These Important Retirement Questions?

• Are you retired or thinking about retiring?
• Do you have enough money to comfortably live throughout your retirement years?
• Would you like FREE face to face advice or retirement consulting from a trusted local financial advisor?
• Are you looking for help to achieve your long-term financial goals?
• Would you like to learn more about Annuities, 401's, Life Insurance and Long Term Care?

Would you like to retire, but aren't sure you can?

Have you wondered if you have enough money to retire, how long it will last, how much you can take out, and the best way to invest?

Everyone who has thought about retirement has asked themselves these and other questions. Now you can get ALL the answers in Retire in a Weekend! This short, simple, humorous, easy-to-understand book answers the 10 most popular questions and addresses the 5 biggest concerns people have about retiring! So stop asking yourself IF you can retire ... with Retire in a Weekend! you'll learn HOW to actually do it.

For a limited time, purchase Retire In a Weekend for $29.95 and receive a free download of Retirement Calculator Premium.

Analysis of the Economics of Early Social Security Withdrawal

Robert J. Phillips
Chief Retirement Consultant

Deciding whether or not to take the early withdrawal of social security at age 62 can be difficult. If you need this income at 62 to fund your retirement the decision is fairly straightforward. Take it early! On the other hand, if you have another source of revenue to fund your retirement your decision will be primarily based on lifestyle, health and investment preferences.

Several factors can affect your decision. First is your life expectancy. If you are in good health and have a family history of living beyond 90 then waiting for full benefits may be best. Two other factors impact this decision. First and most important is the value of money or your expected return from your investments. If you are using other investments instead of social security to fund your retirement you should use the rate of return of these investments as your value of money. There is another way to look at the value of money. If you do not require the social security money to live, you can invest the distributions for the future. The rate of return of this investment is your value of money. If your investments will make larger returns such as stocks this would favor taking the early withdrawal.

The last factor impacting your decision is inflation. Social security includes an annual adjustment based on inflation. You cannot control this variable but you should be aware of its impact. If future inflation is significant it will favor a later full distribution

FREE Social Security Calculator:

We developed a calculator to assist in analyzing the impact of taking early benefits at age 62 or waiting for full benefits at age 66 to 67 depending on the year you were born...If you were born in 1960 or later your full benefits will begin at age 67 and your reduction for early benefits at age 62 will be 30%. If you were born between 1946 and 1960 your full benefits begin as early as age 66. We have included a chart that summarizes information.

To use the calculator you need to input your year of birth. You also need to input a value of money up to 10% and a projected inflation adjustment. The calculator analyzes income generated over time from both the early and full benefit investments. It calculates the age at which full social security will catch up and breakeven with the early withdrawal. If you were born before 1960 your breakeven age will be impacted by the year you were born. An early breakeven age favors waiting for full benefits.

The social security calculator is not the final answer whether to take an early withdrawal but it does give you additional economic data to assist in that decision. Ultimately you must balance income, investments and lifestyle to optimize your enjoyment during your retirement years.