Notes: Assumes retirement age of 65, annual inflation of 2.5%, that Social Security and savings will replace 80% of pre-retirement salary after deducting annual amount saved and that savings are invested in a portfolio that gradually shifts from 91% stocks, 9% bonds to 46% stocks, 54% bonds by retirement date. At retirement, funds are invested in an inflation-adjusted lifetime immediate annuity.
About this calculator
How much to put away each year if you hope to retire at 65 with 80% of your pre-retirement income.