Are my current retirement savings sufficient?

One method of retirement planning is to project what you are currently saving and have accumulated to date and see if you will have enough to meet your retirement objectives. Use this calculator to determine when/if the money will run out during retirement and it will recommend additional savings if required.
Retirement Savings and Assumptions
Your current age 
Current annual income ($) 
Spouse's annual income (if applicable) ($) 
Current retirement savings balance ($) 
Current annual savings amount ($) 
Current annual savings increases (%) 
Annual pension benefit at retirement ($) 
Pension increases with inflation? 
Expected inflation (%)help
Desired retirement age 
Number of years of retirement income 
Income replacement at retirement (%) 
Pre-retirement investment return (%)help
Post-retirement investment return (%)help
Include Social Security benefits? 
Marital status 
Social Security override amount
(monthly amount in today's dollars) ($)
The information provided here is to assist you in planning for your future. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary therefore, the information should be relied upon when coordinated with individual professional advice.

Any rate of return entered into the interactive calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

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