OBJECTIVE: To utilize and compare the 2 Web-based retirement-planning calculators listed below using research-based inputs plus your personal circumstances, and to reflect upon the results.
https://www.bankrate.com/calculators/retirement/retirement-plan-calculator.aspx

https://www.nerdwallet.com/investing/retirement-calculator?trk=nw_gn1_4.0

This is an applied research project. That means you will first need to research certain topics like you would for an academic college paper, then apply the conclusions of your research to your particular circumstances.

Background: Time Value of Money is the math that underlies retirement planning. Online calculators take into account additional variables such as spousal income, the amount you have currently saved for retirement, and more.

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