Retirement Income Planner

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This calculator is used to determine how much in retirement savings is needed to achieve desired retirement income.

Note: The amount in the Desired periodic withdrawal during retirement field is usually the desired monthly retirement income.

Example

A couple expects to have $250,000 at retirement. Will this provide them with the $2,800 per month that they hope to have during retirement?

Field Input
Desired periodic withdrawal during retirement $2,800
Withdrawals per year 12
Years of withdrawals 20
Annual rate of return 10%
Annual inflation rate during retirement 1%
Accumulated investment at retirement $250,000

In this example, the results show that they will not have enough accumulated investment at retirement to meet their goal of $2,800 per month. They will need $313,706.00 at retirement to meet their goal of having $2,800 per month in retirement income.

Copying and pasting investment schedules into Microsoft Excel or other applications

View this procedure to find out how you can copy investment schedules from this calculator to the application clipboard, and then paste them into Microsoft Excel or other applications.

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