Retirement Calculator
How Much Do You Need to Save For Retirement?
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This retirement calculator will help you
determine how much per year you need to save to
meet your retirement goals.
Desired Retirement Income Enter your desired retirement income in today's dollars. We will adjust for inflation. This number is how much you need on top of any pensions or social security you expect. How much should you expect to gain from investments? From 1926-2003, U.S. stocks gained an average of 10.4% per year, before taxes. The taxes you pay will depend on your income, how often you trade, and if your investments are in a tax-sheltered IRA or 401k. Tax-free bonds have recently yielded between 5% and 7%. How much inflation should you expect? From 1926-2005, U.S. inflation has averaged about 2.9%. Unfortunately, there have occasionally been periods of much higher inflation. |
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