Retirement is a time for relaxation, adventure, and making the most of life. For many soon-to-be retired couples, choosing the perfect retirement destination is a top priority. But before packing up and moving, it’s important to do some research and planning to ensure a comfortable and fulfilling retirement.

One essential aspect of retirement planning is determining how much money you will need to retire comfortably. This is where retirement calculators can come in handy. Retirement calculators are online tools that can help you estimate your retirement expenses and income based on your age, savings, and other factors. Here are five retirement calculators that can be a helpful starting point for soon-to-be retired couples:

AARP Retirement Calculator

This retirement calculator is provided by AARP and helps users estimate their retirement expenses and income based on their age, savings, and other factors. The tool provides a detailed breakdown of estimated expenses in various categories, such as housing, transportation, and healthcare, and compares them to expected income from sources like Social Security and retirement savings.

Vanguard Retirement Income Calculator

This retirement calculator is provided by Vanguard and helps users estimate their monthly retirement income based on their retirement savings, Social Security benefits, and other sources of income. The tool allows users to enter various inputs, such as current savings, expected retirement age, and expected Social Security benefits, and provides a detailed breakdown of expected monthly income and expenses in retirement.

Fidelity Retirement Score

This retirement calculator is provided by Fidelity and helps users determine how prepared they are for retirement based on their current savings, expected retirement expenses, and other factors. The tool provides a score between 0 and 100, with a higher score indicating better retirement preparedness, and offers suggestions for improving one’s retirement outlook.

Charles Schwab Retirement Calculator

This retirement calculator is provided by Charles Schwab and helps users estimate their retirement income needs based on their current expenses, retirement goals, and other factors. The tool allows users to enter various inputs, such as current income, expected retirement age, and desired retirement income, and provides a detailed breakdown of savings needed to achieve those goals.

Bankrate Retirement Calculator

This retirement calculator is provided by Bankrate and helps users estimate their retirement income needs based on their current expenses, savings, and other factors. The tool allows users to enter various inputs, such as current age, desired retirement age, and expected rate of return on investments, and provides a detailed breakdown of savings needed to achieve retirement goals.

While retirement calculators are a great starting point, it’s important to keep in mind that these calculators are only estimates and should be used in conjunction with other research and professional advice. It’s also important to consider other factors beyond finances when choosing a retirement destination, such as climate, culture, and access to healthcare.

Ultimately, choosing the perfect retirement destination is a personal decision that depends on a variety of factors. By using retirement calculators and doing research on potential destinations, soon-to-be retired couples can make informed decisions that will help them enjoy a fulfilling retirement.