Betterment

Betterment is a low-cost investment platform with a free Retirement Savings Calculator. If you want to try it out, you have to answer four simple questions that will help the app calculate and project your annual spending in retirement.

One of the biggest perks of having a Betterment account is that it provides you with expert tax advice. It can help you find tax-efficient rebalancing and asset location options.

In addition, Betterment’s simulations prove that thanks to its recommendations over a 30-year span could lead to an estimated 38.8% more of after-tax money in retirement. If you want to make the best decisions on your retirement income, you should try it.

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