Retirement Income Calculator
Get a year-by-year projection of your retirement income using this
calculator.
The chart below shows your Retirement Income.
(You haven't entered any information yet, so we are providing some sample data. Start with the 'Basic Information' button to enter your own information.)
Your income goal has been met for all years.
This is just an estimate of your annual retirement income. You should consult a retirement specialist for a more exact income figure.
Total retirement income $1,425,440.40
You have elected to start receiving Social Security above normal Social Security retirement age. We show your Social Security benefit increased to reflect this.
You have elected that your spouse begin Social Security payments before normal Social Security retirement age. We show Social Security benefit reduced to reflect this.
Income from savings adjusted yearly to attempt to meet income target.
Savings balance at retirement is $175,190.45.
Total savings remaining at age 95 is $35,002.55.
Savings and savings distributions do not show possible taxes.
Spouse FICA increased to 50% of main beneficiary at spouse age 69
Social Security payout does NOT reflect any possible linkage to a Government Pension.
If you have selected a Target Income and we can't reach that for all years, then the highest total retirement payout (including remaining savings) will be used as secondary goal.
Comments(3)See all comments, Add a comment
Most Recent Comments
admin 2013-05-16 10:54
Problem is most people have NO idea what their retirement tax rate(s) will be. But we're open to suggestions.
Citizen 2013-05-16 10:42
Good graphics but ignoring taxes is a fatal flaw.
Mark 2013-03-15 07:45
I like the changes. Less input but more data displayed.
This calculator is provided as a free service. No guarantee, explicit or implied, is made regarding its' accuracy or suitability to a specific purpose.
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