Cecil County School Emp. Federal Credit Union
www.ccsefcu.org

I'm Retired, How Long Will My Savings Last?
Calculator

It’s sometimes difficult to look into the future and plan for your retirement. And now that you are retired, you may be wondering if you planned successfully in order to ensure your savings will sustain your living expenses for as long as you need. Use this calculator to help determine how long your retirement savings will last.

Retirement Income Needed

Monthly Income Needed:
Annual Income Increase:

Other Retirement Income

Monthly Social Security Income:
Annual Social Security Increase:
Monthly Pension Income:
Annual Pension Income Increase:
Other Monthly Retirement Income:
Annual Other Income Increase:

Savings Information

Current Retirement Savings:
Retirement Rate of Return:

Monthly Retirement Income

Enter the amount you need monthly during retirement.

Income Growth Percentage

Enter the percentage by which you expect your income needs to grow during retirement.

Current Retirement Savings

Enter the amount you currently have saved for retirement.

Social Security Annual Percentage Growth

Enter the rate at which you expect social security benefits to increase during your retirement.

Pension Income Annual Percentage Growth

Enter the annual rate you expect your pension income to increase during retirement.

Other Income Annual Percentage Growth

Enter the annual rate you expect your other retirement income to increase during retirement.

Post-Retirement Rate of Return

Enter the rate of return you expect to achieve during retirement on your investments.

Other Monthly Retirement Income

Enter any other monthly income you will receive during retirement.

Monthly Social Security Income

Enter the monthly social security income you will receive during retirement. You can find this information on your yearly social security statement.

Monthly Pension Income

Enter any monthly pension income you will receive during retirement.

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