Personal Capital Analyzes and Keeps Track of Your Investments and Retirement Funds in One Place [Video]

Saving for retirement is important, and if you're like most people you may have multiple savings accounts or 401(k) accounts with different banks and investment firms. Personal Capital, is a new web service that wants to bring all of those accounts and investments into one webapp so you can see them in one place and track their performance.

Even if you've taken the time to follow our financial boot camp, you may still have a difficult time keeping track of how your retirement funds are performing and what transaction and maintenance fees are attached to them. Personal Capital wants to make those fees and the performance of your retirement funds and investments more transparent so you're never in doubt about how hard your money is working for you.

In addition to collecting your retirement and investment information into a single view, the service will also suggest changes you can make to help your money perform better, and will analyze your investments to make sure your investment strategy is right for your financial goals, age, and risk tolerance. Personal Capital is still in beta, so keep that in mind if you give it a try, but it could be a great tool to help you cut through the often difficult to understand world of retirement and investment planning.

Personal Capital

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Source: http://feeds.gawker.com/~r/lifehacker/full/~3/96-cAF5cqgs/personal-capital-analyzes-and-keeps-track-of-your-investments-and-retirement-funds-in-one-place

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