Summary Overview
This section provides a quick snapshot of your retirement plan, including how long your savings will last, your expected income, and potential shortfalls. Use this to get an overview of your financial standing.
MetricValue
Net Cash Flow (Monthly)$-15,750.00
Savings Longevity ~7 Years
Target Savings Goal$5,533,800.00
Projected Savings at Retirement$3,857,225.21
RMD (Required at Age 73)$0.00
Tax on Withdrawals$0.00
Time Until Retirement 32 Years, 9 Months, and 13 Days

Your current savings may not last throughout retirement. Consider increasing contributions or delaying retirement.

Income vs. Expenses Breakdown
See a side-by-side comparison of your estimated retirement income and monthly expenses. A surplus means you’re on track, while a deficit suggests adjustments may be needed.
Income SourceAmount ($)Expense CategoryAmount ($)
Social Security$88,701.33Housing$48,382.54
Pension$32,255.03Healthcare$28,223.15
Dividends$12,095.64Food & Groceries$28,223.15
Rental Income$0.00Transportation$24,191.27
Part-Time Work$40,318.79Entertainment$62,494.12
Other Income$0.00Debt Payments$604,781.81
Miscellaneous$12,095.64

Your expenses exceed your income. Consider cutting costs, increasing withdrawals, or securing additional income sources.

Retirement Savings Projection
This chart shows how your savings will grow before retirement and how long they will last after retirement based on your expected investment returns and withdrawals. The first part of the chart (blue) represents how much your savings will grow until retirement, and the second part (red) shows how long your savings will last based on your planned withdrawals.
Required Minimum Distributions (RMD)
Starting at age 73, the IRS requires you to withdraw a minimum amount from your retirement accounts. This section calculates your yearly RMD and its impact on your savings. Source

No RMD Data Available

RMDs (Required Minimum Distributions) are calculated starting at age 73. This may not be showing because:

  • • Your retirement age or life expectancy is set to less than 73 years
  • • Your retirement savings may be depleted before reaching age 73
  • • You may not have any 401(k) or IRA accounts to calculate RMDs from
Social Security Benefits
See how the age you claim Social Security affects your monthly benefit. Delaying benefits increases your payout, while early claims reduce it. Use this section to optimize your claiming strategy.
Tax & Safe Withdrawal Strategy
Managing your withdrawals wisely can reduce taxes and extend your savings. This section estimates your tax liability on withdrawals and calculates a safe withdrawal rate to help maintain financial stability throughout retirement.

Tax on Withdrawals

Shows your estimated tax liability and effective tax rate on retirement withdrawals

Safe Withdrawal Rate (SWR)

Displays your recommended safe withdrawal rate based on your portfolio

Timeline
This timeline outlines key dates and milestones in your retirement plan. Use this to plan for major life events and financial changes that will occur throughout your retirement.
EventYear
Your Personal Retirement DateApril 2058
IRA Penalty-Free Withdrawal Date (Age 55)April 2051
Earliest Social Security Start Date (Age 62)April 2058
Medicare Eligibility Date (Age 65)April 2061
Full Social Security Benefit Date (Age 67)April 2063
Increased Social Security Start Date (Age 67+)April 2063
IRA Charitable Donation Date (Age 75)April 2071
Required IRA Withdrawal Start Date (Age 77)April 2073
Life Expectancy2081
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