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Retirement Income Gap Calculator

Calculates the annual shortfall between what you'll spend in retirement and the income you'll receive from Social Security, pension, and portfolio withdrawals. Use it to pinpoint exactly how much extra saving or income you need.

Monthly Retirement Expenses ($)

Monthly Social Security ($)

Monthly Pension Income ($)

Total Retirement Savings ($)

Safe Withdrawal Rate

Fill in the required fields to see your result.

Retirement

Retirement Income Calculator

Estimates the annual income you'll need in retirement by adjusting your current income for a chosen replacement rate and projected inflation over the years until you retire. Use it when setting a savings target or stress-testing retirement plans.

Current Annual Income ($)

Income Replacement Rate (%)

Expected Inflation Rate (%)

Years Until Retirement (years)

Fill in the required fields to see your result.

Key differences

	Retirement Income Gap Calculator	Retirement Income Calculator
Category	Retirement	Retirement
Inputs required	5	4
Result	Annual Income Gap ($)	Annual Income Needed in Retirement ($)
What it does	Calculates the annual shortfall between what you'll spend in retirement and the income you'll receive from Social Security, pension, and portfolio withdrawals. Use it to pinpoint exactly how much extra saving or income you need.	Estimates the annual income you'll need in retirement by adjusting your current income for a chosen replacement rate and projected inflation over the years until you retire. Use it when setting a savings target or stress-testing retirement plans.