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?

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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)?

%
 
   
   
Legacy Financial Planning
PO Box 508 • Sandwich, IL • 60548
Phone: 815.786.7851 or 877.786.7851 Toll Free • Fax: toll free 866.857.4008
• dano@legacyfp.com

Dano W. LoPresti is an independent CERTIFIED FINANCIAL PLANNER™ (CFP®), CHARTED FINANCIAL CONSULTANT™ (ChFC®) and an ACCREDITED INVESTMENT FIDUCIARY™ (AIF®) with Legacy Financial Planning.  He specializes in life insurance, investment management, retirement planning and retirement income distribution planning for individuals as well as specializing in employer sponsored retirement plans, endowments, foundations, pension plans, and charitable funds.  Dano may be reached at 815-786-7851 or by email at dano@legacyfp.com

Securities offered through:  Triad Advisors, Inc.   Member FINRA/SIPC

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