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 12 percent)?

%

9. What after-tax return do you expect on your investments during retirement (0 to 12 percent)?

%
 
   
   
Steve Mohyla CFP
10560 Main Street, Suite 307 • Fairfax, VA • 22033-7175
Phone: 571-321-0150 • Fax: 571-321-0152
www.naccbretirementplans.com • smohyla@woodburyfinancial.net

TechServe Alliance Retirement Services are provided by Stephen Y. Mohyla Jr. CFP® a Registered Representative and Investment Advisor Representative of Woodbury Financial Services. Inc.  Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc.  Member FINRA, SIPC and Registered Investment Adviser.  TechServe Alliance Retirement Services and Woodbury Financial Services, Inc. are not affiliated entities.

Services are only available in states where we are licensed to do business.  Securities and Insurance licensed in VA, CT, DC, DE, FL, GA, MD, NJ, NY and TX.  Securities licensed in NC.