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)?

%
 
   
   
Nationwide Financial Network
28 S. Waterloo Road Ste 203

PO Box 58		 • Devon, PA • 19333
Phone: 610-688-9898
Cell phone: 610-324-1079 		• Fax: 610-688-9897
• chandiz@chandizsmith.com

 

Federal income tax laws are complex and subject to change. The information on this webpage is based on current interpretations of the law and is not guaranteed. Neither the company nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.
Securities and Investment Advisory Services offered through Chandi Z. Smith, CFP CLU as a Registered Representative and Investment Adviser Representative of Nationwide Securities, LLC PO Box 183137, Columbus, OH 43218 (888) 753-7364.  A Registered Investment Advisor. Member FINRA, SIPC.  DBA Nationwide Advisory Services, Inc. in  AR, FL, IL, WV.  DBA Nationwide Advisory Services, in MA, NY, OK.  Representative of Nationwide Life Insurance Company, affiliated companies and other companies.

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