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 
Current annual income ($) 
Spouse's annual income (if applicable) ($) 
Current retirement savings balance ($) 
Current annual savings amount ($) 
Current annual savings increases (%) 
Pension
Annual pension benefit at retirement ($) 
Pension increases with inflation? 
Assumptions
Expected inflation (%)help
Desired retirement age 
Number of years of retirement income 
Income replacement at retirement (%) 
Pre-retirement investment return (%)help
Post-retirement investment return (%)help
Social Security
Include Social Security benefits? 
Marital status 
Social Security override amount
(monthly amount in today's dollars) ($)
help
   

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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