Products February 20, 2008
TD AMERITRADE Launches Retirement Planning Tool
February 20, 2008 (PLANSPONSOR.com) - TD AMERITRADE
Holding Corporation has launched WealthRuler, a retirement
planning tool that the company says can help investors
predict their chance of accumulating a large enough nest
egg.
Reported by Fred Schneyer
A news release said investors input information, including current retirement savings and financial goals, and the program uses broad asset allocation assumptions to run a minimum of 500 simulations of assumed market returns over a defined time frame.
Based on the results, the user either creates a formal retirement plan or adjusts his or her existing savings amount, retirement age, income, and expenses in WealthRuler to see how each of these variables might affect their financial outlook over time.
More information is available here .