Cost of Retirement  
Estimating how much income you will need in retirement — and determining whether your current program of savings and investments can provide that income — is a good start to developing a retirement plan. This calculator is designed to help you estimate how much income you may need in retirement and the savings necessary to produce that income.
     

1. What is your current age?

2. What is your household's current annual income?

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3. How much do you currently have set aside for retirement?

$

4. What percentage annual raises do you expect?

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5. At what age do you expect to retire?

6. How many years do you expect to spend retired?

7. What percentage of your pre-retirement income do you expect to need during retirement?

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8. What after-tax return do you expect on your investments between now and retirement (0 to 10 percent)?

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9. What after-tax return do you expect on your investments during retirement (0 to 10 percent)?

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Drake, Saunders & Diwinsky, Ltd. A Retirement Planning Company


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The publication of this web site on the Internet should not be construed by any consumer and/or prospective client of Drake, Saunders & Diwinsky, LTD or JWKodak’s asolicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Content in this website is for informational value only.  Please consult an investment advisor representative before implementing any strategies discussed.  Past Performance is no guarantee of future results. 


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