My colleagues, who are money nerds just like me, know that I'm obsessed with finding the best retirement calculator. I've been on this quest for years. As you'll learn later this week, my favorite retirement tool is (and has been) NewRetirement. But there are other great tools out there.

“You really need to try OnTrajectory,” Jillian from Montana Money Adventures told me last summer. “It's great.” She's been telling me that over and over ever since. (Meanwhile, Gwen from Fiery Millennials has also been pressuring me to try OnTrajectory.)

Last week, at long last, I had a chance to chat with Tyson Koska, the founder of OnTrajectory. During a 30-minute call, he walked me through setting up an account and playing with the tool's features. I'm impressed. NewRetirement is still my favorite tool, but OnTrajectory is damn close. And I can see how for some people, the latter may actually be a better choice.

Today, let's take a look at what makes OnTrajectory one of the best retirement calculators available on the web. [Read more…]