Retirement Income Estimator

About you

Current age Retire at age Plan to age

Projection starts

Investment accounts

Tax-deferred = 401(k), 403(b), traditional IRA. Tax-free = Roth. Taxable = brokerage, savings. Monthly contribution includes any employer match.

Contribution changes

Change an account's monthly contribution starting in a given month, once or every year in that month (for example, +$100 every January). Contributions stop at retirement.

One-time deposits & withdrawals

Bonuses, inheritances, or big purchases. Use a negative amount for a withdrawal. Amounts are in dollars of that month.

Spending in retirement

Annual living expenses today's $

Spending changes

From a given age, spending becomes a new amount (for example, after the mortgage is paid off).

Income in retirement

Social Security, pensions, annuities, part-time work, rental income. Amounts are annual, in today's dollars. Income only counts once you retire, and any surplus is reinvested in your taxable account.

Assumptions

Return before retiring %/yr Return after retiring %/yr Tax rate before retiring % Tax rate after retiring % Inflation %/yr Withdrawal order

Tax taxable-account growth each year (at the before- or after-retirement rate)

How taxes are applied

Tax-deferred: contributions and growth are untaxed; withdrawals are taxed at the after-retirement rate, so each withdrawal is enlarged to cover the tax.
Roth: withdrawals are tax-free.
Taxable: contributions are already-taxed dollars. If the box above is checked, growth is taxed as it's earned (a "tax drag"); withdrawals are then tax-free.
Retirement income marked taxable is taxed at the after-retirement rate.
Not modeled: required minimum distributions, tax brackets, Social Security's partial taxation, state-specific rules, early-withdrawal penalties.

Nest egg at retirement

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Sustainable spending

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Balance at end of plan

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Spending covered by income

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Portfolio balance by account type

End-of-year balance at each age. The vertical line marks retirement.

Where retirement spending comes from

After-tax dollars each year: income plus withdrawals, compared with your spending target (line).

Year by year

Flows are totals for the 12 months starting at that age; balances are at the end of those 12 months.

Year	Age	Contributions	Growth	Income	Spending	Withdrawals	Taxes	Shortfall	Taxable	Tax-deferred	Roth	Total

This is a planning estimate built on steady average returns and flat tax rates. Real markets vary year to year. It isn't financial advice.