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Online Retirement Calculators Can Be Risky
Online investment calculators are a little addictive.
Just plug in a couple of numbers and voila! -- the screen tells you if your retirement savings will actually last through retirement. Skip to the next calculator and you can find out in less than a minute just how long it will take to pay off your credit card, and how much interest it will cost you.
But while online calculators are a nice, little diversion for Web-savvy investors, can they really be trusted? Monty Hothersall doesn't think so. ...
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