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?

%

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)?

%
 
   
   
Foran Financial Group
235 US Highway 22, Suite 1 Green Brook, NJ 08812
Phone: 732-752-9191 Fax: 732-752-0715
daniel.foran@lpl.com john.foran@lpl.com jessica.foran@lpl.com jennifer.cerrat@lpl.com anne.kukoda@lpl.com diane.zychlinski@lpl.com

Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC