Retirement Readiness Calculator

An honest assessment of your retirement funding — no hidden agendas, just clarity

Your Information

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How much you contribute each year (401k, IRA, etc.)

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$

Pre-tax assumes ~22% tax. After-tax is your actual spending.

Conservative: 5% | Moderate: 7% | Aggressive: 9%

Advanced: Include Other Retirement Income

Social Security, pensions, rental income, etc.

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Expected annual Social Security benefits (in today's dollars)

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Expected annual pension payments (in today's dollars)

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Rental income, annuities, part-time work, etc. (in today's dollars)

Impact: These income sources reduce the amount you need to withdraw from savings each year, potentially extending your portfolio significantly.

95%
On Track
Total Needed at Retirement $2,000,000
Projected Savings at Retirement $1,900,000
Shortfall / Surplus -$100,000

Concerning Results

What-If Scenarios: How to Close the Gap

Ready to Build a Comprehensive Plan?

This calculator shows you're on the right track, but comprehensive planning can optimize your strategy and potentially add $100K-$500K to your retirement through tax efficiency, withdrawal strategies, and risk management.

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View All Calculation Assumptions

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Inflation Rate 3.0% annually
Life Expectancy Age 95
Tax Rate (Pre-Tax Spending) 22%
Withdrawal Method Inflation-adjusted spending
Portfolio Growth During Retirement 7%

What This Calculator Doesn't Account For

  • Healthcare costs: Medicare gaps, long-term care, and medical emergencies can add $200K-$500K+ to retirement needs
  • Sequence of returns risk: Market downturns in early retirement can permanently impact your plan
  • Tax optimization: Strategic Roth conversions, withdrawal sequencing, and tax-loss harvesting can save $100K-$500K over retirement
  • Social Security: We don't factor in Social Security benefits, which could reduce your needed savings by 20-40%
  • Pension income: Any pension or annuity income you'll receive
  • Inheritance or windfalls: Expected gifts or inheritances
  • Part-time work in retirement: Even modest income ($15K/year) dramatically extends portfolio longevity
  • Lifestyle changes: Travel budgets, downsizing, relocation to lower cost-of-living areas

Important Disclaimers

  • Educational Tool Only: This calculator provides estimates based on assumptions and should not be considered personalized financial advice.
  • No Guarantee of Results: Actual investment returns, inflation, life expectancy, and other factors will vary. Past performance does not guarantee future results.
  • Simplified Assumptions: This calculator uses simplified assumptions and does not fully account for taxes, healthcare costs, Social Security optimization, sequence of returns risk, or other critical factors that significantly impact retirement outcomes.
  • Consult a Professional: Before making financial decisions, please consult with a qualified financial advisor, tax professional, or attorney who can provide personalized advice based on your complete financial situation.
  • No Client Relationship: Using this calculator does not create an advisory relationship with Woolstone Wealth Management.