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Calculators


Got a question that involves number crunching? Use the calculators on this page to find the mathematical answer to the most commonly asked number-crunching questions, and see your inputs displayed next to the graph, chart, and/or table output in a side-by-side display.

Calculator: Print This Page
Retirement Income Calculator
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*Include both taxable and tax-exempt holdings

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*This is an estimate of your annual expenses during retirement

*If selected, will also adjust Social Security benefit

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*Part-time employment, spouse's wages, etc.

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*If you're not in pay status you can obtain an estimate of your future Social Securiy benefit by going to http://www.ssa.gov/OACT/quickcalc/index.html.

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*Annuities, pensions, etc. Do not include RMDs if the IRA or employer plan balance is included in "savings at retirement".

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*Anticipated inheritance, proceeds from sale of business or property, etc.

This calculator estimates how long your retirement savings will last based on your forecast of retirement expenses and income.

This calculator is intended for use by those at or approaching retirement.

Enter data in the fields below and click the Calculate button to analyze your retirement income. (Note: All dollar entries are annual amounts except Social Security, which is monthly.)


Retirement Income Chart
These charts compare your sources of retirement income to your estimated retirement expenses, and illustrate how long your retirement savings will last, based on the assumptions below:

Based on the inputs above, your retirement savings and expected contributions will not provide all of your retirement income needs.
Your savings will be exhausted by age 79.

Your estimated expenses in your first year of retirement are $60,000. You will receive Social Security benefits of $24,000 starting at age 65. These amounts are adjusted for inflation.

If Social Security, household income, and other income payments don’t meet your expenses in any year, the balance will have to be met through distributions from your retirement savings and any lump sum payments you receive.



    Assumptions

  • Your retirement savings are your total retirement savings, including both taxable and tax-exempt holdings.
  • Social Security income is illustrated based on your inputs. Your Social Security benefits may differ, depending on your earnings history and other factors, such as actual government cost-of-living adjustments.
  • These results are hypothetical, and for illustrative purposes only.The calculator does not take taxes into consideration, nor does it reflect the performance of any particular investment.
©2017 Broadridge Investor Communication Solutions, Inc. All rights reserved.
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 IMPORTANT DISCLOSURES

Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, or legal advice. The information presented here is not specific to any individual's personal circumstances.

To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.
 


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