Information for individual considering retirement available at the Securities and Exchange Commission’s website
Source: United States Securities and Exchange Commission
The United States Securities and Exchange Commission has posted a number of aids to assist individuals interested in planning for retirement on the Internet.
Click on http://www.investor.gov/tools#.Ur2cq_uab-Iaccess the information and the various tools provided by the Commission that it believes will assist an individual in evaluating his or her financial situation. Commission observes that “Once you know your current financial situation, you'll be in a better position to plan for the future.”
Listed below are some of the tools provided by the Commission:
401(k) and IRA Required Minimum Distribution Calculator: After age 70½, you are generally required to start withdrawing money from your IRAs and 401(k)s. Find out the minimum amount you'll need to withdraw, depending on your age and the value of your accounts.
Compound Interest Calculator: Find out how much your money can grow, using the power of compound interest.
Social Security Retirement Estimator: Get personalized benefit estimates to help you plan for retirement.
Worksheet for Determining Your Net Worth: Use this worksheet to list your assets and debts.
Worksheet for Tracking Your Income and Expenses: Keeping track of your income and expenses will help you stay on track with your financial goals.
Among others aids included are the following:
A mutual fund analyzer at: http://www.investor.gov/tools/calculators/mutual-fund-analyzerand
A variety of free investment professional background check tools at: