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.
Examine these results carefully. As you can see, there is a lot of information to consider and the numbers may look large.
The amount accumulated if you started saving today is $0.00.
The amount accumulated if you save the same annual amount at the same annual return,
but wait five years to start is $0.00.
The information provided is not specific investment advice, a guarantee of performance, or a recommendation. Rates of return will vary over time, particularly for long–term investments. Investments offering the potential for higher rates of return also involve a higher degree of risk.
This hypothetical example is used for illustrative purposes only. Actual results will vary.
This information is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek advice from an independent tax or legal professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.
This material was written and prepared by Broadridge Advisor Solutions.
© 2022 Broadridge Investor Communication Solutions, Inc.