It appears that Social Security will replace approximately 21% of your current combined income of $180,000. Your benefit has been adjusted downward to reflect the difference between your desired retirement age and NRA (normal retirement age) established by Social Security regulations. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "Pie2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='1' showFCMenuItem='0' decimals='0' formatNumberScale='0' startingAngle='45' enableRotation='1' caption='Social Security Replacement' xAxisName='' numberPrefix='$' bgColor='FFFFFF' showBorder='0' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor=''><set value='37108.0' label='Social Security' isSliced='1' color='0B9191' /><set value='142892.0' label='' color='F58127' /></chart>"); // --> </script> <ul><li><a href="ret01">How will retirement impact my living expenses?</a></li><li><a href="retirement-calculator">How much will I need to save for retirement?</a></li><li><a href="are-my-current-retirement-savings-sufficient">Are my current retirement savings sufficient?</a></li><li><a href="social-security-retirement-income-estimator">Social security retirement income estimator</a></li><li><a href="ret05">How does inflation impact my retirement income needs?</a></li><li><a href="i-am-retired-how-long-will-my-savings-last">I'm retired, how long will my savings last?</a></li><li><a href="ret07">When should I begin saving for retirement?</a></li><li><a href="ret08">Should I convert discretionary expenses to savings?</a></li><li><a href="ret09">How much retirement income may my 401(k) provide?</a></li><li><a href="ret10">Compare a Roth 401(k) to a Traditional 401(K)</a></li></ul><table class='pure-table pure-table-bordered' role='grid'><tr><th scope="col"></th><th scope="col">NRA</th><th scope="col">Desired Retirement Age</th><th scope="col">Estimated Monthly Benefit (today)</th><th scope="col">Estimated Yearly Benefit (today)</th><th scope="col">Estimated Yearly Benefit (retirement)</th></tr><tr><td role="rowheader" scope="row"><b>You</b></td><td>67</td><td>62</td><td>$1,998</td><td>$23,977</td><td>$23,977</td></tr><tr><td role="rowheader" scope="row"><b>Spouse</b></td><td>67</td><td>62</td><td>$1,094</td><td>$13,130</td><td>$15,998</td></tr></table><span style="padding-bottom:2px;background-color:#eee;line-height:1.45em;border-bottom:1px dotted;border-top:1px dotted;"><span style="color:#81A41E;font-size:100%;font-weight:700;">&nbsp;FINANCIAL PLANNERS</span> <span style="color:#000;font-size:100%;font-weight:normal;">&ndash; <a href="http://www.plannerportal.com" target="_PP_WINDOW">Affordable Financial Planning Software</a> &ndash; <a href="http://www.plannerportal.com" target="_PP_WINDOW">www.PlannerPortal.com</a></span>&nbsp;&nbsp;</span>