01 Aug Apps to Help Save for Retirement
One of people’s biggest fears nowadays is that they will not be able to save enough to retire and have a comfortable amount of time to enjoy that retirement. There are a key number of factors that go into this, and people have good reason to be worried. It looks less and less likely that today’s generations will be able to accomplish the same retirement goals as the previous generation, due to the current state of the economy and the health of programs that are supposed to help people retire. However, you can still overcome these challenges by using the tools that exist today to help find a path to retirement. Here are some amazing apps that you can use to assist you in this endeavor…
Mint is an incredibly popular financial tracking tool, with over 10 million downloads to date! Mint helps you keep track of your spending habits, and can be used to make a budget that is easy to stick to. However, it goes much further than that, and is able to show you the projected growth of your net worth, and how much you should be budgeting into investments. Altogether, Mint is a swiss army knife financial app with tons of features that make saving and growing your capital much easier. This app is also available on both iOS and Android, so anyone can enjoy it!
Vanguard is an app that is useful to people who are already on the cusp of retirement, rather than those who are planning out decades in advance. Vanguard’s purpose is to help people make the most of the money that they have already saved for retirement, so that it can last longer and grow to make your life more comfortable. Vanguard examines a user’s portfolio and is able to determine how much can be made from it and whether it will thoroughly cover a person’s living expenses during their retirement.
Financial calculators is aptly named, because that is precisely what it is, an app that is a collection of powerful financial calculators that make saving for retirement easier, and calculates the interest that will be gained from investments of your retirement portfolio, as well as how that stacks up to inflation. Financial calculators is a great app to simply plug the numbers in and see what kind of opportunities your retirement can have.