A useful retirement plan connects today’s savings with a future spending goal. Start by estimating the time available, current balance and regular contributions. Then use a range of investment returns and inflation assumptions.
Define the target
A target nest egg is not universal. Expected living costs, other income, housing, longevity, healthcare, tax and withdrawal strategy all matter. Review the target periodically as circumstances change.
Improve the plan
Higher contributions, a longer horizon and lower fees can all improve a projection. Returns are not guaranteed, so stress-test a lower-return scenario and maintain appropriate diversification.
The Retirement Calculator compares your projected balance with a target. A regulated financial professional can help turn the estimate into a personal plan.