Are My Current Retirement Savings Sufficient?

Calculate if your current retirement savings are sufficient to meet your retirement income needs. Includes inflation and life expectancy factors.

Retirement Information

Retirement Analysis

Enter your retirement information and click calculate to see results

Calculation Method

  • Future Value: Current savings + monthly contributions
  • Required Income: Desired income - Social Security - Pension
  • Inflation Adjustment: Future value of required income
  • Sufficiency Check: Compare projected savings to needs

Frequently Asked Questions

What if my savings are insufficient?

Consider increasing your monthly contributions, working longer, reducing retirement expenses, or adjusting your retirement age.

How accurate is the social security estimate?

Use your Social Security statement for the most accurate estimate. This calculator provides a general framework for planning.

Should I include all retirement accounts?

Yes, include 401(k), IRA, Roth IRA, and any other retirement savings accounts in your current savings total.