Tools and Checklists - Tools

Whether you're just starting to save for retirement or you're well under way, we have the resources and tools you need to help plan your next steps.
Calculate Your IRA Potential
Make the most of your Individual Retirement Account. Even in today’s uncertain economy, an IRA may still be one of the best ways to save for your retirement. Use our IRA Contribution Calculator to see how making the maximum contribution to an IRA can affect your retirement.
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Retirement Savings Calculator
Are you saving enough for retirement? Use My Retirement PlanSM, an easy-to-use online savings calculator, to see an estimate of your retirement income needs and a plan to save for it.
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Retirement Action Plan
Are you doing everything you can to save for retirement? Find out now by answering nine simple questions.
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Put Your Money to Work
"Compounding" describes what can happen if you earn a rate of return on your investment earnings — if you were to leave your principle untouched, if it earned a return, and if you were to reinvest those gains. The longer your money is left to compound, the faster it may grow. Use the link below to figure the impact compounding can have on an investment you're planning.
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Small Steps to Retirement Planning
Small spending changes can add up to big retirement savings. Estimate how much you can save by reducing your spending on a range of categories and see what those savings could look like at retirement (tax-deferred). Use our sample categories or create your own.
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401(k) Early Withdrawal Costs Calculator
Use the tool to understand the cost of taking cash from your 401(k).
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Eligibility Analyzer
Choosing the IRA option that best fits your particular circumstances can be confusing. Find out about the two main types of IRAs, traditional and Roth, and how they differ in their eligibility requirements, tax treatment and distribution rules. This calculator will help determine which types of IRAs you or your spouse may qualify for.
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IRA: Traditional or Roth?
If you qualify for both the tax-deductible Traditional IRA and the tax-free Roth IRA, how do you decide which is best? Use this tool to estimate your accumulated contributions at retirement, then work with your tax advisor to decide which one might be best for you.
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Three Simple Steps to Rolling Over
To gain more control over your investments, consider rolling over your 401(k) retirement savings into an IRA. Here's how it's done.
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Risk Tolerance Tool
Assess your risk tolerance. There are three factors to determining a viable strategy for your IRA funds. The first two — your long-term objectives and your current financial situation — are relatively easy to quantify. The third, and possibly the most important, is your capacity to tolerate risk. Use this tool to plan a strategy based on a risk level you are comfortable with.
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My Spending Report with Budget Watch
Taking control of your finances is simple with My Spending Report. This free budgeting tool automatically collects and summarizes spending from your Wells Fargo credit card, Debit Card, checking account, and Bill Pay service into any easy-to-use report, making it simple to track your expenses and find ways to save.
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Envision Tomorrow, Today
We start with your life and plan your money around it. Your best life starts with a vision for what you want to accomplish and what you're able to achieve with the resources you have. Our Envision Process is designed to help you identify and prioritize your goals, creating an effective, easily followed roadmap with personalized milestones. Discover whether you have the financial resources to live your life the way you want.
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Important Contact and Estate Planning Form (PDF*)
Identify important people in your life and their contact information. Identify which estate planning steps you have already taken and which steps you still need to take, as well as insurance and account information.
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Net Worth Calculation Form (PDF*)
Calculate your current net worth by subtracting your total liabilities from your total assets.
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Financial Records Locator (PDF*)
Where do you keep important documents? Identify the locations to make it easy to find your information.
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Monthly Expenses/Income Planning Worksheet (PDF*)
Keep track of your accounts as well as income and expenses on a monthly basis.
Annual financial check up (PDF*)
Use this annual financial checklist as an opportunity to measure the progress you are making toward your goals and make needed adjustments based on your own personal situation.
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