Am I saving enough for my retirement?

It's great that you're saving in your retirement plan but the real key is knowing if you're saving enough to take care of your income needs when you retire. Understanding the equation and running scenarios can help you make a confident decision that you're saving enough.
Income/Savings
Your current age 
Current annual income ($) 
Spouse's annual income (if applicable) ($) 
Current retirement savings balance ($) 
Desired retirement age 
Number of years of retirement income 
Assumptions
Expected inflation (%)help
Income replacement at retirement (%) 
Pre-retirement investment return (%)help
Post-retirement investment return (%)help
Social Security
Include Social Security (SS) benefits? 
Marital status (For SS purposes only) 
Social Security override amount
(monthly amount in today's dollars) ($)
help
   

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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