Welcome to the Optimal Retirement Income Calculator

Please enter information about yourself. For registered users, this model uses data from your profile. Also, please enter information about your future AFTER-TAX income needs. This calculator ensure this need is met over your retirement horizon using all available assets and other income sources that you enter below. + Expand/Shrink

60616263646566676869707172737475767778798081828384858687888990919293949596979899	Your Age at Start of Retirement	More Info
$	Your Desired Annual After-Tax Retirement Income	More Info
1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950 years	Your Retirement Horizon	More Info
JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember	Your Birth Month
19201921192219231924192519261927192819291930193119321933193419351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990	Your Birth Year
yesno	Do you have a spouse or domestic partner?
AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingWashington D.C.	Your state of Residence

Please enter information about your spouse or domestic partner. If you do not have one, please skip to the next table. + Expand/Shrink

60616263646566676869707172737475767778798081828384858687888990919293949596979899	Your Spouse's Age at Start of Retirement
$	Surviving Spouse Desired Annual After-Tax Retirement Income
1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950 years	Your Spouse's Retirement Horizon
JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember	Your Spouse's Birth Month
19201921192219231924192519261927192819291930193119321933193419351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990	Your Spouses Birth Year

Please enter information about your retirement savings accounts. + Expand/Shrink

Not yet retired?You can forecast account balances and cost bases with our Pre-Retirement Savings Forecasting Tool.

$	Retiree's Tax-deferred Account Balance
$	Retiree's Tax-exempt Account Balance
$	Retiree's Taxable Account Balance
%	Retiree's Fraction of cost basis for stocks in their Taxable Account
%	Retiree's Fraction of cost basis for bonds in their Taxable Account
0123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100%	Retiree's Initial Stock Allocation (Bond Allocation=100%-Stock Allocation)
-10-9-8-7-6-5-4-3-2-1012345678910%	Glide path to transition from stocks to bonds (per year)

Please enter information about your spouse's accounts. If you do not have a spouse, please disregard this information, as these values will have no impact on your retirement income plan. + Expand/Shrink

Not yet retired?You can forecast account balances and cost bases with our Pre-Retirement Savings Forecasting Tool.

$	Spouse's Tax-deferred Account Balance
$	Spouse's Tax-exempt Account Balance

Please enter information about your other income sources. + Expand/Shrink

When to start your Social Security retirement income benefits?

Try this free open-source Social Security strategy calculator

626364656667686970	Age Retiree Starts Taking Social Security
$	Retiree's Annual Pre-tax Social Security (inflation adjusted)
6061626364656667686970717273747576777879808182838485	Age Retiree Starts Taking Pension or Annuity Income
$	Retiree's Annual Pre-tax Pension or Annuity (not inflation adjusted)

Please enter information about your spouse's other income sources. If you do not have a spouse, please disregard this information, as these values will have no impact on your retirement income plan. + Expand/Shrink

When to start your Social Security retirement income benefits?

Try this free open-source Social Security strategy calculator

626364656667686970	Age Spouse Starts Taking Social Security
$	Spouse's Annual Pre-tax Social Security (inflation adjusted)
6061626364656667686970717273747576777879808182838485	Age Spouse Starts Taking Pension or Annuity Income
$	Spouse's Annual Pre-tax Pension or Annuity (not inflation adjusted)

Please select other tax-related information. + Expand/Shrink

%	Heir's Tax Rate
NoYes	Inherited IRA withdrawals stretched over 10 years?
%	Percent Increase of tax rates after TCJA expiration
2022202320242025202620272028202920302031203220332034203520362037203820392040204120422043204420452046	Select the year the TCJA expires

Please review and modify future rates based on their long-term historical norms, if needed. + Expand/Shrink

%	Annual Inflation Rate
%	Annual Rate of Return for Stocks
%	Annual Rate of Return for Bonds
%	Stock Annual Qualified Dividend Rate
%	Bond Annual Non-qualified Coupon Rate