Personal Information
Enter your current pre-tax annual income.
Savings Information
The percentage of pre-retirement income needed in retirement.
Additional Income Sources
Retirement Income Summary
At age 67, you may have a retirement savings balance of $2,608,999.
Monthly Income
In today's dollars*
Monthly Expenses
70% of current income
Retirement Balance Projection
The green line shows the accumulation phase, and the orange line shows the withdrawal phase.
Understanding Your Results
Your estimated monthly retirement income of $16,031 is calculated based on the following assumptions:
- Retirement at age 67
- Current savings of $2,000,000
- 7.0% annual return before retirement
- 4.0% annual return during retirement
- 3.2% annual inflation
- Social Security of monthly
This calculator uses the 4% rule as a baseline for retirement withdrawals, adjusted for your specific situation. The 4% rule suggests that you can withdraw approximately 4% of your initial retirement savings each year with a high probability of not outliving your money over a 30-year retirement period.
Note: This is an estimate based on the information provided and general assumptions about investment returns and inflation. Your actual results will vary. Consult with a financial advisor for personalized advice.
Monthly Income Breakdown
This chart represents all of your projected income sources in retirement. You can increase Social Security, for example, if you have an eligible spouse earning benefits as well.
Income vs. Expenses Comparison
We adjust future purchasing power to today's dollars - the projected actual amounts are on the right. These figures are used to estimate how long your savings will last.