Are my current retirement savings sufficient?

One method of retirement planning is to project what you are currently saving and have already accumulated to see if you will have enough to meet your retirement objectives. Use this retirement planning calculator to determine when/if the money will run out during retirement and it will recommend additional savings if required.

Income/Savings

Your current age (1 to 120)

Current annual income ($)

Spouse's annual income (if applicable) ($)

Current retirement savings balance ($)

Current annual savings amount ($)

Current annual savings increases (0% to 10%)

Pension

Annual pension benefit at retirement ($)

Pension increases with inflation?NoYes

Assumptions

Expected inflation (0% to 10%)

Desired retirement age (1 to 120)

Number of years of retirement income (1 to 40)

Income replacement at retirement (0% to 300%)

Pre-retirement investment return (-12% to 12%)

Post-retirement investment return (-12% to 12%)

Social Security

Include Social Security benefits?NoYes

Marital statusMarriedSingle

Social Security override amount
(monthly amount in today's dollars) ($)

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