One goal nearly all investors share is planning for a comfortable and secure retirement. That is a commendable goal. People are living longer, which means staying ahead of inflation is more critical than it has ever been. In addition, Social Security's future is uncertain and individuals now typically have several jobs throughout their careers, meaning less likelihood of a long-term financial plan with one employer.

This calculator is a very simplistic assessment of your situation and should only be viewed as the first step to increasing your awareness to the level of savings you will need in order to plan for and enjoy the retirement lifestyle you desire.

For a personalized and detailed analysis, please contact us. We have sophisticated retirement planning software that can create retirement plans under different assumptions tailored to your specific financial situation.

During the first year of retirement the following are assumed:

• Investment = Savings - first-year expenses
• Investments do not change at retirement

(a) What is the value of your savings (stocks, bonds and any other liquid assets) at the present time? Please do not use a comma in your amount.
(b) How much money would you estimate you will spend per year during retirement to maintain your current standard of living (in current dollars)? Please do not use a comma in your amount.
(c) The Social Security payment you receive is based on your salary prior to retirement.
(d) On average, how much do you expect your portfolio to earn each year after tax prior to and during retirement?
(e) Inflation varies by year - what estimate would you like to use?

(a) The total predicted amount your savings, stocks, bonds and other liquid assets will be valued at by the time you reach your selected age of retirement.
(b) The necessary amount you should have saved up by the time you stop working in order to continue living at your current specified standards.
(c) The difference between your savings at retirement and the required savings at retirement.
(d) The yearly amount you need to increase your savings by in order to maintain the standard of living you have used in your estimate.