Supplemental Retirement Income Calculator

Supplemental Retirement Income Calculator Enter all of the fields below, then press the View Schedule button.
Retirement begins
How much will you have saved for retirement?	$
Average Annual Interest Rate You Can Earn Compounded:	% (Decimal)
Average Annual Inflation Rate	%
How much do you need to live on monthly? (today's $)	$
Monthly Pension Plan Income? (today's $) You will begin to receive it months after retirement. This amount will increase approx.% each year in	$
Monthly Social Security Income? (today's $) You will begin to receive it months after retirement. This amount will increase approx.% each year in	$
View Monthly Schedule View Schedule with Annual Totals only!
To view the schedule, all input fields must contain a value.
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This calculator will calculate the amount of supplemental retirement income you need each month (in excess of Social Security and/or Pension income) until you either run out of money, or 480 months (40 years) have elapsed with money still remaining - whichever comes first.
The amount you need to live on should include taxes.
Withdrawals are made at the beginning of the month.

Be sure to review your plan periodically or as requirements change!

FAQ:

Why does the withdrawal amount increase every year (or month)?

Why do I have to include taxes in the amount needed to live? Why didn't you include taxes in the calculation?

What if I want the earnings to include taxes?

How much do I need to live on?

I don't understand compounding. Does it really make a difference?

What can I expect the inflation rate to be?

What can I expect to get from Social Security?

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