How does inflation impact my retirement income needs?

It may surprise you how much inflation can erode purchasing power. Use this calculator to estimate how much more income you may need when factoring in inflation between now and until you reach retirement to keep the same standard of living that you may have today.
Input and Assumptions
Current age 
Desired retirement age 
Life expectancy age 
Current gross annual income ($) 
Income to replace at retirement (%) 
Anticipated inflation rate (%)help
   
This calculator is provided by a third party. The output from this calculator is hypothetical and intended for illustrative purposes only. The output provided by the calculator is based on the assumptions you have entered; even a slight difference in the assumptions used could produce significantly different results. The information provided should not be relied upon to make financial decisions. You should consult with your financial professional.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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