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Calculators & Tools

Ready for Retirement?

This Tool is designed to help individuals nearing retirement start thinking about how much they need to save and how much they can expect to spend once retired. It estimates how much a current, lump-sum value of retirement savings could grow by the time of retirement and how much income it could provide during retirement.

IMPORTANT: The projections or other information generated by this “Ready for Retirement” Tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. This Tool is for illustrative purposes only and should not be relied upon for any investment or retirement planning decisions. The output of this Tool may vary with each use and over time. The Tool does not consider specific securities held by you and does not attempt to predict the future value of any specific securities. Calculations are based on your inputs and several additional assumptions. For a more detailed explanation, check out how this Tool works.

* “Project Value at Retirement” is not adjusted for inflation, and the “Potential Sustainable Annual Income” i is adjusted to present dollars based on the inflation rate specified in the ‘Assumptions’ page.