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May 06, 2009
Aggregating Best Money Mags: Recouping Losses
By Cathy Spencer
Many people suffered heavy losses in 401(k) plans, IRAs and other retirement vehicles. Now your viewers and users want to know how to recover. Kiplinger.com provides this calculator to help provide answers about when and how the losses will be recouped. It offers alternate ways of analyzing the situation. How much do I need to contribute at a specific rate of return to reach the goal in this amount of time? If I'm contributing this amount and this is my rate of return, how long will it take to get to the goal? To reach the goal in this amount of time and with this contribution, what does my rate of return need to be? The damage is done but you can help your viewers and users by providing tools and information to get it back.
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