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On the Internet: Retirement Planning Web Sites

November/December 2004

Retirement Planning Web Sites

Retirement planning is a subject that hits close to home for many people, no matter their age. Baby boomers are quickly approaching retirement, and many are wondering if they will outlive their money. Gone are the days when retirees could depend on the government to support them throughout the later years of their life. The reality of the situation is that Social Security’s resources are being slowly consumed, while the number of workers supporting it is shrinking, forcing retirees to rely more heavily on personal savings. Fortunately, there are a multitude of options to help you prepare for this stage of your life. Some Web sites offer information on the basics of investing for retirement, while others offer tools and products to help you create a personalized retirement plan. A sampling is described here.

 

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LTSave
www.ltsave.com

This Web site is an SEC-registered investment adviser devoted to providing retirement advice for individuals. The site implements quantitative techniques and prudent investment principles to recommend appropriate mutual funds for a user’s 401(k), 403(b), or IRA accounts based on user inputs. Advice is updated quarterly to reflect current market conditions and other investment and economic variables.

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