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?

$

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)?

%

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

%
 
   
   
Milestone Planning Group
3900 Jermantown Road, Suite 300 • Fairfax, VA • 22030
Phone: (703) 858-5796 • Fax: (703) 991-8882
• carl@milestoneplanninggroup.com
Please seek the guidance of your professional tax and legal advisors before making any decisions.  Securities and investment advisory services offered through Woodbury Financial Services, Inc.  Member FINRA, SIPC, and Registered investment Advisor.  Office address 3900 Jermantown Road, Suite 300, Fairfax, VA  22030.  Phone (703) 858-5796.