Visit the Asset Allocation Wizard site, which provides suggestions about portfolio asset proportions based on your time frame and attitude toward risk: https://cgi.money.cnn.com/tools/
assetallocwizard/assetallocwizard.html. After you run the calculator with your preferences, change your inputs slightly to see what effect that would have on the results.
Many mutual fund companies offer retirement planning calculators and tools on their Web sites. For example, Fidelity’s can be found at https://www.fidelity.com/calculators-tools/
retirement-calculator/overview. You can input your income, savings, age, and other relevant information and the site will give you savings goals, asset allocation guidelines, and probability assessments for your retirement outcomes.