This retirement income calculator helps you estimate how much monthly income your savings, pension, and benefits could provide in retirement. By entering a few basic details—such as your age, retirement savings, expected pension income, and estimated Social Security—you’ll get a clearer picture of how your retirement income may look and how long it could last. This tool is especially helpful for educators and public-sector employees who need to coordinate a pension with 403(b), 457(b), or IRA savings.
This calculator provides an estimate only and does not replace personalized retirement planning. Results are based on general assumptions and may not reflect your actual benefits, taxes, or investment performance.
Retirement Lifestyle Income Calculator
Interactive estimate of the monthly income you may want at retirement, based on your inputs.
Career stage:—Years to retirement: —
Step 1 of 5
Let’s tailor this to you
Answer a few questions so the calculator can adapt the prompts and assumptions to your stage of life.
Tip: We’ll adjust recommended prompts depending on whether you’re early-career, mid-career, or near retirement.
Keep it simple: you can do a quick estimate in ~60 seconds or a more detailed version in ~3 minutes.
How do you want to estimate your retirement lifestyle?
Choose the style you prefer. You can switch later.
Quick (recommended)Use your current monthly spending + lifestyle adjustment. Great for first pass.
DetailedEnter spending by category (housing, healthcare, travel, etc.). More precise.
You can change this. Results are estimates, not predictions.
Your retirement lifestyle inputs
Enter a few numbers. You can refine later.
Optional. If unsure, leave blank (0).
Use negative for lower cost, positive for higher.
Don’t overthink it—this is meant to get you a usable estimate quickly.
If you leave a field blank, we treat it as $0.
Optional: income sources at retirement
If you add these, we’ll show your estimated income gap (monthly need minus expected income).
This is an educational simplification—not a guarantee of future outcomes.
Your results
Here’s an estimate of the monthly income you may want at retirement based on your inputs.
Monthly income needed at retirement
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Equivalent monthly need in today’s dollars
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Estimated monthly income from sources (optional)
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Estimated monthly gap (need minus income)
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Assumptions: —
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Optional “target savings” estimate
If you selected a withdrawal-rate assumption, we estimate the portfolio size that could support the income gap.
This is a simplified educational estimate and not advice.