Retirement Planner
Do you know what it will take to create a secure retirement? Use this calculator to help you create your retirement plan. View your retirement savings balance and your withdrawals for each year until the end of your retirement. Social security is calculated on a sliding scale based on your income. Including a non-working spouse in your plan increases your social security benefits up to, but not over, the maximum.

Definitions

Current age
Your current age.

Age of retirement
Age you wish to retire. This calculator assumes that the year you retire you do not make any contributions to your retirement savings. So if you retire at age 65, your last contribution happened when you were actually 64.

Annual contribution
The amount you will contribute to your retirement savings each year. This calculator assumes that you make your contribution at the beginning of each year.

Pre-retire rate of return
The annual percent you expect to earn on your investments before your retirement starts. This is typically higher than your post-retirement rate of return, which tends to be invested more conservatively.

Post-retire rate of return
The annual percent you expect to earn on your investments after your retirement starts. This is typically lower than your pre-retirement rate of return, which tends to be invested more aggressively.

Current tax rate
Your current marginal tax rate you expect to pay on your taxable investments.

Retirement tax rate
The marginal tax rate you expect to pay on your investments at retirement.

Is this savings tax deferred?
Check this box if you retirement savings is being deposited into a tax deferred account. This includes an IRA, 401(k), Variable Annuity or other tax deferred investment.

Increase annual contribution?
Check this box if wish to have your annual contribution increased each year to keep up with inflation.