I'm retired, how long will my savings last?

Due to increasing life expectancies, many are running into the problem of outlasting their savings. Use this calculator to help determine when your retirement savings account may be depleted given a specified monthly income target. You may currently be in receipt of a company pension or other fixed income such as Social Security to help supplement your retirement savings account.
Income Objectives
Monthly income needed (before-tax) ($) 
Annual increases (if any) (%)help
Fixed Income Receipts
Monthly Social Security income ($) 
Annual Social Security increases (%)help
Monthly pension income ($) 
Annual pension increases (if any) (%)help
Monthly other income ($) 
Annual other income increases (if any) (%)help
Savings And Assumptions
Current account balance ($) 
Annual before-tax return (%)help
Desired amortization schedule 
Note: This information is not intended by The Guardian Life Insurance Company of America (Guardian), Berkshire Life Insurance Company of America (Berkshire), The Guardian Insurance & Annuity Company, Inc. (GIAC), Park Avenue Securities LLC (PAS), Guardian Investor Services (GIS), or any of their affiliates, its subsidiaries employees or agents to be considered tax or legal advice. In addition, this information does not represent any investment or other financial product and is for illustrative purposes only. This financial calculator and the financial information provided to you is for general information and education purposes only. The calculator is intended to be used as only one of many tools to assist you in identifying information and issues to be considered in planning for financial security. Please keep in mind that it is possible to lose money and not achieve the objectives of this calculator. Please consult your tax or legal advisor for guidance and information specific to your situation. Dividends on insurance policies and returns on investment are neither estimated nor guaranteed. Actual dividends and returns on investment may be higher or lower than the results attained in the hypothetical calculations.

Guardian, Berkshire, GIAC, PAS, GIS and its affiliates or subsidiaries are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these calculators.

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Any rate of return entered into the 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.

The information provided here is to assist you in planning for your future. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. 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 advice from qualified professionals.

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