Social security retirement income estimator
Depending upon your current earnings, Social Security can be a significant part of your retirement income. However, many factors will impact the benefit you may receive. Use this calculator to approximate your Social Security benefit.
How much will I need to save for retirement?
Retirement can be the saddest or happiest day of your life. This pre-retirement calculator will help you determine how well you have prepared and what you can do to improve your retirement outlook. It is important that you re-evaluate your preparedness on an ongoing basis. Changes in economic climate, inflation, achievable returns, and in your personal situation will impact your plan.
How will payroll adjustments affect my take-home pay?
Contributions to a qualified plan, participation in a company-sponsored cafeteria plan, change in filing status, or number of allowances claimed will have a direct impact on take-home pay. For example, due to federal tax savings, contributions to a qualified plan do not translate into a direct dollar-for-dollar tradeoff on take-home pay. Use this calculator to help compare your current situation to what-if scenarios.
What would my 401(k), 457, or 403(b) Plan be worth?
It may surprise you how significant your retirement accumulation may become simply by saving a small percentage of your salary each month in your Plan. Use this calculator to estimate how much your plan may accumulate for retirement.
Are my current retirement savings sufficient?
One method of retirement planning is to project what you are currently saving and have accumulated to date and see if you will have enough to meet your retirement objectives. Use this calculator to determine when/if the money will run out during retirement and it will recommend additional savings if required.
How should I allocate my assets?
Over 90 percent of investment returns are determined by how investors allocate their assets versus security selection, market timing and other factors. Use this calculator to help determine your portfolio allocation based on your propensity for risk.
What is my risk tolerance?
On your way home from work, do you drive in the slow lane or the fast lane? Each person has a different propensity for risk. When investing, this risk propensity can be used to determine the percentage of your portfolio that is exposed to equities. Complete the following questionnaire to help determine your risk profile.
How much should I save to reach my goal?
What are you saving for: a computer, car, boat, summer home, down payment? Use this calculator to determine what you need to save on a regular basis to have the funds ready when needed.
Compare a Roth 401(k) to a Traditional 401(k)
Your retirement income can vary widely depending on what type of account holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods. Use this calculator to help compare employee contributions to the new after-tax Roth 401(k) and the current tax-deductible 401(k).
What is the impact of increasing my 457 Plan contribution?
It may surprise you how significant your retirement accumulation may be simply by increasing the percent of your salary that you save each month in your 457 Plan. Use this calculator to estimate how much more you could accumulate taking into account any employer match (if applicable).