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 10 percent)?

%

9. What after-tax return do you expect on your investments during retirement (0 to 10 percent)?

%
 
   
   
Carpenter Financial Services: Financial Advisor, Retirement, Investments
237 Johns Street • Johnstown, PA • 15901
Phone: (814) 534-4445 • Fax: (814) 534-4449
• carpenter@hdvest.net

 

 

 

*Samuel G. Carpenter is a registered representative registered to transact business with clients in AZ, CA, CO, DE, FL, MD, MO, NC, NJ, NY, OH, PA, SC, VA, and WI. Samuel is advisory licensed in the following states: PA. Samuel is also an insurance agent licensed in FL, PA, and VA. Joseph A. Carpenter is a registered representative registered to transact business with clients in CA, FL, GA, MD, MI, NC, NH, NJ, NY, PA, VA, WA, and WV. Joe is also an insurance agent licensed in FL, MD, NC, PA, and WA. *Paul S Carpenter is a registered representative registered to transact business with clients in AZ, CA, DC, DE, FL, GA, IL, KS, KY, MD, NC, NJ, NY, OH, PA, SC, VA, WI, and WV. Paul is advisory licensed in the following states: PA. Paul is also an insurance agent licensed in NC, NJ, and PA. If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, *Advisory Services offered through H.D. Vest Advisory Services SM, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000. Investments & Insurance Products: Are not insured by the FDIC or any federal government agency, Are not deposits of or guaranteed by the bank or any bank affiliate, May lose Value. Carpenter Financial Services is not a registered broker/dealer or independent investment advisory firm.