What monthly income will your retirement savings provide? The number of years you'll need it to last, the expected rate of return on your outstanding savings balance and the rate at which withdrawals from your savings account will be taxed will all be determining factors. Don't forget to factor in your other assets, income and investment such as equity in a home, Social Security benefits, individual retirement plan investments, savings accounts, and interests in other qualified and non-qualified plan.
Use this calculator to find out how you can reach your savings goal.
Change the numbers in each input field by entering a new number or adjusting the sliders. After entering your data into each input field, the calculator results will automatically update the summary statement and chart.
