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?

%

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)?

%
 
   
   
Commonwealth One Financial Network
CommonWealth One Federal Credit Union
4875 Eisenhower Avenue, Suite 100
Alexandria, VA 22304

CommonWealth One Federal Credit Union
42 Terri Drive
Harrisonburg, VA 22802
866.CUSERVE
rstroemple@cofcufn.org

 

 

 

Securities offered through Securities America, Inc., a Registered Broker/Dealer, Member FINRA/SIPC, Richard Stroemple, Michael Finnie, Registered Representatives.  Securities America, Inc. and CommonWealth One Financial Network are separate entities.

Not NCUA Insured. No Credit Union Guarantee. May Lose Value.