Congratulations!!! It appears that you have saved enough to meet your goal. In fact, it appears that at age 88 you may still have $878,095 in your retirement accounts. The total amount needed for retirement, including amounts already saved, is $0, based on the current assumptions provided.<img alt="chart image" src="http://host3.calcxml.com/charts/chart177707663350199244.gif"><table class='simpletable'><tr><th>Age</th><th>Annual Salary Increasing @ 2.00%</th><th>Beginning Retirement Balance</th><th>Earnings<br/>Pre-Ret 2.00%<br/>Post-Ret 4.00%</th><th>Estimated Annual Savings </th><th>Retirement Income Replace <br/>85.00%</th><th>Annual Social Security Income</th><th>Annual Retirement Account Withdrawal</th><th>Ending Retirement Balance</th></tr><tr><td>67</td><td>$160,000</td><td>$1,500,000</td><td>$30,000</td><td>$0</td><td>$0</td><td>$0</td><td>$0</td><td>$1,530,000</td></tr><tr><td>68</td><td>0</td><td>1,530,000</td><td>61,200</td><td>0</td><td>138,720</td><td>68,544</td><td>70,176</td><td>1,521,024</td></tr><tr><td>69</td><td>0</td><td>1,521,024</td><td>60,841</td><td>0</td><td>141,494</td><td>69,915</td><td>71,580</td><td>1,510,285</td></tr><tr><td>70</td><td>0</td><td>1,510,285</td><td>60,411</td><td>0</td><td>144,324</td><td>71,313</td><td>73,011</td><td>1,497,686</td></tr><tr><td>71</td><td>0</td><td>1,497,686</td><td>59,907</td><td>0</td><td>147,211</td><td>72,739</td><td>74,471</td><td>1,483,122</td></tr><tr><td>72</td><td>0</td><td>1,483,122</td><td>59,325</td><td>0</td><td>150,155</td><td>74,194</td><td>75,961</td><td>1,466,486</td></tr><tr><td>73</td><td>0</td><td>1,466,486</td><td>58,659</td><td>0</td><td>153,158</td><td>75,678</td><td>77,480</td><td>1,447,665</td></tr><tr><td>74</td><td>0</td><td>1,447,665</td><td>57,907</td><td>0</td><td>156,221</td><td>77,192</td><td>79,030</td><td>1,426,542</td></tr><tr><td>75</td><td>0</td><td>1,426,542</td><td>57,062</td><td>0</td><td>159,346</td><td>78,736</td><td>80,610</td><td>1,402,994</td></tr><tr><td>76</td><td>0</td><td>1,402,994</td><td>56,120</td><td>0</td><td>162,533</td><td>80,310</td><td>82,222</td><td>1,376,891</td></tr><tr><td>77</td><td>0</td><td>1,376,891</td><td>55,076</td><td>0</td><td>165,783</td><td>81,917</td><td>83,867</td><td>1,348,100</td></tr><tr><td>78</td><td>0</td><td>1,348,100</td><td>53,924</td><td>0</td><td>169,099</td><td>83,555</td><td>85,544</td><td>1,316,479</td></tr><tr><td>79</td><td>0</td><td>1,316,479</td><td>52,659</td><td>0</td><td>172,481</td><td>85,226</td><td>87,255</td><td>1,281,884</td></tr><tr><td>80</td><td>0</td><td>1,281,884</td><td>51,275</td><td>0</td><td>175,931</td><td>86,930</td><td>89,000</td><td>1,244,159</td></tr><tr><td>81</td><td>0</td><td>1,244,159</td><td>49,766</td><td>0</td><td>179,449</td><td>88,669</td><td>90,780</td><td>1,203,145</td></tr><tr><td>82</td><td>0</td><td>1,203,145</td><td>48,126</td><td>0</td><td>183,038</td><td>90,442</td><td>92,596</td><td>1,158,675</td></tr><tr><td>83</td><td>0</td><td>1,158,675</td><td>46,347</td><td>0</td><td>186,699</td><td>92,251</td><td>94,448</td><td>1,110,574</td></tr><tr><td>84</td><td>0</td><td>1,110,574</td><td>44,423</td><td>0</td><td>190,433</td><td>94,096</td><td>96,337</td><td>1,058,660</td></tr><tr><td>85</td><td>0</td><td>1,058,660</td><td>42,346</td><td>0</td><td>194,242</td><td>95,978</td><td>98,264</td><td>1,002,743</td></tr><tr><td>86</td><td>0</td><td>1,002,743</td><td>40,110</td><td>0</td><td>198,127</td><td>97,898</td><td>100,229</td><td>942,624</td></tr><tr><td>87</td><td>0</td><td>942,624</td><td>37,705</td><td>0</td><td>202,089</td><td>99,856</td><td>102,233</td><td>878,095</td></tr></table>