I compared Empower with Fidelity, New Retirement, and FireCalc and all of them gave me the same results within a year or two and roughly the same monthly income. That is good enough for me. I would never rely on one calculator. If they all agree, then you are good to go. Otherwise, you need to dig deeper into the assumptions to understand why they are different.I use it and it compares similarly to New Retirement and the Fidelity retirement estimator. I would use multiple calculators to see if they are simlar for you. If you wan a more detailed estimation, I suggest either Pralana Gold Excel ($99, new web version coming soon) or New Retirement Plus (I believe also $99).
Statistics: Posted by Harmanic — Mon Jul 15, 2024 2:55 pm