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)?

%
 
   
   
New Jersey Financial Advisor Firm, Employee Benefits Advisor, Retirement Planning Advisor - James J. Varaklis & Company
3 Werner Way
Suite 204
Lebanon, NJ 08833
Phone: Toll Free: 888-849-5580
Local: 908-849-4800
Fax: 908-849-4803
james@jjvco.com

Securities offered through LPL Financial, Member FINRA and SIPC.

Registered Representatives of LPL Financial whose identities and associations with James J. Varaklis & Company are disclosed on this site may only discuss Securities or Transact Business with persons who are residents of the following states:  California, Connecticut, Florida, Massachusetts, Maine, Maryland, North Dakota, New Jersey, New York, Pennsylvania, South Carolina and Virginia.