It’s easy to think that retirement calculators are too complicated for your audience, but you’d be surprised by how much people enjoy learning about them! This blog post will show you 13 ways to teach your audience about retirement planning calculators, and give you more ideas on how to make them educational and fun.
What is a retirement calculator?
A retirement calculator is a tool that helps households plan for their financial future.
They are very useful for people who want to understand their financial situation and make decisions about how to manage their money.
Why Is it Important for Your Audience to Understand Retirement Planning?
You may be wondering why an audience would want to understand retirement planning.
There are many reasons, including the following:
Asking people to think about their own financial futures can be uncomfortable. Retirement calculators can help people who are nervous about thinking about planning for retirement.
Getting other people to think about their retirement plans can be difficult. You may have tried to get your parents or friends to talk about their financial futures, but it’s often uncomfortable to do so. Retirement calculators are a great way to bring up the subject of retirement because they help people focus on a more concrete subject.
Use this Winter Olympics math game from The New York Times. It’s a fun way to get your audience thinking about the numbers around them.
Use this New York Times article as an open thread. This article is about a difficult subject (the living situation of Vietnam veterans) that would be hard to discuss without the help of the Winter Olympics math game. It lets you open up discussion and then steer the conversation towards the retirement planning calculator once people are engaged. Live events are an excellent opportunity for important discussions.
You can also ask people to do exercises that bring up the subject of retirement planning.
Another way of helping people think about their financial futures is by having them deal with hypothetical investments. You can create a calculator or sheet that helps people think about whether or not they should invest their money in something, rather than having them make a decision immediately.
This article from Business Insider on the history of retirement calculators shows how you can open discussions and help people think about what’s best for them.
Create a quiz to help people think about what they should prioritize.
The National Retirement Planning Calculator is a great example of this. This calculator focuses on getting people to think about what matters most to them in retirement. It asks you about family and health and then offers some suggestions for you based on your answers.
For example, if you choose that your health is a huge priority and then make other choices that won’t support your family, the calculator will tell you this and offer other suggestions.
Use this Retirement Calculator from Investopedia to help you get your audience thinking about how and where they should invest their money.
Other websites that you can use to teach your audience about retirement planning calculators include:
Using social media can be an effective way to get your audience thinking about the retirement planning questions they need answers to.
You’ll find a variety of ways to use social media in this article on the topic of retirement planning and education.
Here are some examples of how you can use social media to get your audience thinking about the retirement planning questions they need answers to:
This website has many calculators that you can use to teach your audience. It’s possible to create quizzes that let people test their knowledge, but it can be difficult because of how certain choices are presented.