60 61 62 63 64 65 66
Input
Now Amount At Retirement
Your current age 60 Annual pension benefit ($)
Annual income ($) $50,000 Annual pension benefit increases (%)
Annual inflation & income increases (%) 3.00% Desired retirement age
Retirement savings balance ($) $60,000 Number of years of retirement income
Annual savings amount ($) $15,000 Income replacement (%)
Annual savings increases (%) 0.00% Investment return (%)
Investment return (%) 6.25%
Chart details
Age Salary Balance Interest Yearly savings
60 $50,000 $60,000 $3,750 $15,000
61 $51,500 $78,750 $4,922 $15,000
62 $53,045 $98,672 $6,167 $15,000
63 $0 $119,839 $7,490 $0
64 $0 $86,352 $5,397 $0
65 $0 $49,542 $3,096 $0
66 $0 $9,166 $573 $0
67 $0 -$35,039 -$2,190 $0
68 $0 -$83,349 -$5,209 $0
69 $0 -$136,062 -$8,504 $0
70 $0 -$193,495 -$12,093 $0
71 $0 -$255,985 -$15,999 $0
72 $0 -$323,893 -$20,243 $0
73 $0 -$397,602 -$24,850 $0
74 $0 -$477,522 -$29,845 $0
75 $0 -$564,090 -$35,256 $0
Chart details
Age Salary Balance Interest Yearly savings
76 $0 -$657,769 -$41,111 $0
77 $0 -$759,056 -$47,441 $0
78 $0 -$868,479 -$54,280 $0
79 $0 -$986,600 -$61,663 $0
80 $0 -$1,114,019 -$69,626 $0
81 $0 -$1,251,374 -$78,211 $0
82 $0 -$1,399,346 -$87,459 $0
83 $0 -$1,558,659 -$97,416 $0
84 $0 -$1,730,085 -$108,130 $0
Chart details
Age Salary Balance Interest Yearly savings
Chart details
Age Salary Balance Interest Yearly savings
Chart details
Age Salary Balance Interest Yearly savings
$12
$10
$8
$6
$4
$2
$0
65 66 67 68 69
Amount Uncertainty (%)
0 Investment return uncertainty
0.00% Annual savings amount uncertainty
65 Annual savings increases uncertainty
20 Annual pension benefit amount uncertainty
75.00% Annual Pension benefit increases uncertainty
6.25%
ails
Desired retirement
Pension income Year ending balance
income
$0 $0 $78,750
$0 $0 $98,672
$0 $0 $119,839
$40,977 $0 $86,352 142329
$42,207 $0 $49,542 166224
$43,473 $0 $9,166 191613
$44,777 $0 -$35,039 218589
$46,120 $0 -$83,349 247251
$47,504 $0 -$136,062 277704
$48,929 $0 -$193,495 310061
$50,397 $0 -$255,985 344440 344440
$51,909 $0 -$323,893 380967 380697
$53,466 $0 -$397,602 419777 41977
$55,070 $0 -$477,522 461014 461014
$56,722 $0 -$564,090 504827 504827
$58,424 $0 -$657,769 551379 551379
ails
Desired retirement
Pension income Year ending balance
income
$60,176 $0 -$759,056 600840 600840
$61,982 $0 -$868,479 653392 653391
$63,841 $0 -$986,600 709229
$65,756 $0 -$1,114,019 76855+6
$67,729 $0 -$1,251,374 831591
$69,761 $0 -$1,399,346 898565
$71,854 $0 -$1,558,659 969726
$74,009 $0 -$1,730,085 956324
$76,230 $0 -$1,914,445 9835842
504827
551379
600840
653392
709229
358412
831591
898565
969726
ails
Desired retirement
Pension income Year ending balance
income
956324
23546000
ails
Desired retirement
Pension income Year ending balance
income
ails
Desired retirement
Pension income Year ending balance
income
Age
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$0
Salary
Calculations
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$60
$61
$62
$63
$64
$65
$66
$67
$68
$69
$70
$71
$72
$73
$74
$75
$76
$77
$78
$79
$80
$81
$82
$83
$84
$1,800
Desired
Yearly
Balance Interest retirement Pension income
savings
income
$0 $0 $0 $0 $0
$0 $0 $0 $65 Failure template:
$0 $0 -$1,914,445 $84 Success template:
$0 $0 $0 $0 $0
$0 $0 $0 $65 Failure display:
$0 $0 $0 $65 Success display:
$0 $0 $0 $1
$0 $0 $0 $2
$0 $0 $0 $3
$0 $0 $0 $4
$0 $0 $0 $5
$0 $0 $0 $0 $0
$0 $60,000 $3,750 $15,000 $0
$0 $78,750 $4,922 $15,000 $0
$0 $98,672 $6,167 $15,000 $0
$0 $119,839 $7,490 $0 $40,977
$0 $86,352 $5,397 $0 $42,207
$0 $49,542 $3,096 $0 $43,473
$0 $9,166 $573 $0 $44,777
$0 -$35,039 -$2,190 $0 $46,120
$0 -$83,349 -$5,209 $0 $47,504
$0 -$136,062 -$8,504 $0 $48,929
$0 -$193,495 -$12,093 $0 $50,397
$0 -$255,985 -$15,999 $0 $51,909
$0 -$323,893 -$20,243 $0 $53,466
$0 -$397,602 -$24,850 $0 $55,070
$0 -$477,522 -$29,845 $0 $56,722
$0 -$564,090 -$35,256 $0 $58,424
$0 -$657,769 -$41,111 $0 $60,176
$0 -$759,056 -$47,441 $0 $61,982
$0 -$868,479 -$54,280 $0 $63,841
$0 -$986,600 -$61,663 $0 $65,756
$0 -$1,114,019 -$69,626 $0 $67,729
$0 -$1,251,374 -$78,211 $0 $69,761
$0 -$1,399,346 -$87,459 $0 $71,854
$0 -$1,558,659 -$97,416 $0 $74,009
$0 -$1,730,085 -$108,130 $0 $76,230
$0
$0
$0
$0
$0
$0 -$12,290,106 -$768,132 $45,294 $1,251,314
