How much will I need to save for retirement?

Retirement can be the saddest or happiest day of your life. This pre-retirement calculator will help you determine how well you have prepared and what you can do to improve your retirement outlook. It is important that you re-evaluate your preparedness on an ongoing basis. Changes in economic climate, inflation, achievable returns, and in your personal situation will impact your plan.
Retirement Information and Assumptions
Your current age 
Current annual income ($) 
Spouse's annual income (if applicable) ($) 
Current retirement savings ($) 
Expected inflation: (%)help
Desired retirement age 
Number of years of retirement income 
Income replacement at retirement: (%) 
Pre-retirement investment return: (%)help
Post-retirement investment return: (%)help
Include Social Security (SS) benefits? 
Marital status (For SS purposes only) 
Social Security override amount
(monthly amount in today's dollars) ($)		help
The results and explanations generated by this calculator may vary due to user input and assumptions. New York LIfe Insurance Company does not guarantee the accuracy of the calculators, explanations, nor applicability to your specific situation. We recommend that you use this calculator as a guideline only and you ultimately seek the guidance of an experienced professional.

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