New Design Not working For You?

If the new page layout is not working for you, please Contact Me and let me know what device, operating system, and web browser (with version numbers) you are using so I can attempt to get the layout working for your setup.

About the Redesign

If you visited this site prior to September 15th, 2018, you've no doubt noticed that I've since launched a complete redesign of the website.

If you're not happy with the new design, I sincerely apologize. I would have preferred to keep the old desktop design, but considering the majority of my site's users are now accessing the site from small-screen, touch-enabled, mobile devices, and considering Google is now penalizing websites for not being mobile/thumb friendly, I was left with no choice but to switch to a responsive, mobile-first design.

The good news is that now that I have combined the three separate versions of the site (mobile, desktop, and ad-free member) into a single design, this will free up a ton of my time for working to make the mobile-optimized calculators more desktop/laptop friendly. In fact, some of the redesigned calculators already offer a desktop-optimized form that becomes visible when you increase the width setting of the calculator (within the "Calculator Preferences" expandable panel).

Thank you in advance for your help and patience as I work to improve the redesign.

-Dan

Calculator Preferences
Retirement Income Calculator Sign

Retirement Income Calculator

This online calculator will estimate how much you will need to have saved by the time you retire in order to meet your monthly income goal -- with and without considering the effects inflation will have on your future buying power. Plus, the calculator will also tell you how much you will need to deposit each month in order to grow your retirement savings to the prescribed balance.

Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Age now:Current age:Your current age:Your current age:

Your current age:

Enter your current age in years. Enter as an integer (no decimal points or fractions).

Retire age:Age to retire:Age you plan to retire at:Age you plan to retire at:

Age you plan to retire at:

Enter the age you plan to retire at. Enter as an integer (no decimal points or fractions).

Monthly goal:Monthly income goal:Monthly retirement income goal:Monthly retirement income goal:

Monthly retirement income goal:

Enter the amount you would like to withdraw from your retirement account each month. Enter as a dollar amount but without the dollar sign and any commas.

Return rate:Rate of return:Annual return on investments:Annual return on investments:

Annual return on investments:

Enter the annual percentage you expect to earn on your retirement investments. Enter as a percentage, but without the percent sign (for .07 or 7%, enter 7).

Retire years:# retire years:Number of years to make withdrawals:Number of years to make monthly withdrawals:

Number of years to make withdrawals:

Enter the number of years you would like to be able to make the monthly withdrawals from your retirement funds.

Inflate rate:Inflation rate:Expected annual inflation rate:Expected annual inflation rate:

Expected annual inflation rate:

Enter the expected annual rate of inflation between now and when you retire. Enter as a percentage, but without the percent sign (for .02 or 2%, enter 2).

Current bal:Current balance:Current retirement savings:Current retirement savings:

Current retirement savings:

Enter how much you currently have in all of your retirement savings accounts combined. Enter as a dollar amount but without the dollar sign and any commas.

ResultsWithout InflationWith Inflation
Savings needed at retirement:
Amount needed to save each month:

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Feedback AppreciatedFeedback Greatly AppreciatedYour Feedback Would Be Greatly AppreciatedYour Feedback Is Greatly Appreciated
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Tip

Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.

 

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