Retirement Planner | TrueMetrics

Retirement Calculator

Current Age

years

18 75

Planned Retirement Age

years

45 80

Life Expectancy

years

70 105

Current Annual Income

$10k $300k

Retirement Income Needed

% of current

50% 100%

Compare Different Retirement Scenarios

Baseline

Early Retire

Delayed Retire

Risk Tolerance

Expected Inflation Rate

Historic average is 2-3%

Retirement Income Sources

Social Security

Benefit Claiming Age

Monthly Benefit Estimate

$ /mo

Get your estimate from SSA.gov

I have a pension

I plan to work part-time in retirement

I have other income sources

Current Retirement Savings & Investments

Total Current Retirement Savings

Include 401(k), IRA, and other retirement accounts

Monthly Contributions

$ /mo

I have an employer match

Match Percentage

Up to % of salary

Current Investment Allocation

Stocks

Bonds

Cash

Total: 100%

Expected Annual Return Rates

Use custom return rates

Default values based on historical averages, adjusted for risk tolerance

Your Personal Action Plan

Based on your inputs, we've created a personalized action plan to help you reach your retirement goals.

Please complete the other tabs first to generate your action plan.

Retirement Analysis

No Analysis Yet

Use the calculator on the left to see your retirement outlook.

Retirement Readiness Score

Years of Income Coverage

of 23 needed years

Projected Monthly Income

$4,250

78% of goal

Retirement Timeline

Your retirement savings are projected to last until age 85, which leaves a 5-year gap before your estimated life expectancy of 90.

Income Gap Analysis

Partial Gap

Goal Monthly Income

$5,450

Projected Monthly Income

$4,250

0% 100% (Goal)

Income Gap: $1,200 per month

You're projected to have 78% of your desired retirement income. Consider the recommendations below to close this gap.

Retirement Income Sources

Risk Analysis

Longevity Risk

Your savings may not last through your entire retirement. Consider increasing savings or adjusting your retirement age.

Market Volatility Risk

Your current investment allocation may be too aggressive for someone close to retirement. Consider a more balanced portfolio.

Top Strategy: Increase Savings Rate

Increasing your monthly contribution from $500 to $750 would significantly improve your retirement outlook:

Add 4 years of retirement income coverage
Boost your Retirement Readiness Score by 12 points
Increase your projected monthly retirement income by $680

Impact: +24% improvement in retirement outlook

Strategy: Optimize Social Security Timing

Delaying Social Security from age 67 to 70 can provide significant benefits:

Increase your monthly benefit by 24%
Add $528 to your monthly retirement income
Provides inflation-protected income for life

Impact: +9% improvement in retirement income