Income Replacement

Your Income Replacement

When you retire, your pay checks will stop. This calculator will help you judge how much annual income you will in retirement need to replace pay checks.

Fill out the boxes below to find how much your salary may be in your last year at work. The results are shown both in future dollars and in current dollars. It is important to consider current dollars since that is what we are familiar with. In 20 years, it may take two "future" dollars to buy what one buys today.

When you change an entry box, click elsewhere on your screen and the calculator will run.

Your Income Replacement
Change any entries in the input boxes below.

Enter Your Current Annual Salary or Wages		$
Enter Last Year's Annual Salary or Wages		$
When you enter Last Year's income, Future Raises change
Use calculation or Estimate Annual Pay Raises		%

Enter How Many Years Until You Retire
Enter Desired Income Replacement in Retirement		%
Enter Your Annual Inflation Estimate		%

Your Results	In Today's
Click anywhere to calculate	Dollars	Dollars
Salary in Your Last Year of Work
Income Replacement in Retirement

Your Lifetime

Your Savings

Your Portfolio

Your Spending

Other Tools

Top of Page | Back | For a copy , click

The text and calculators on this website are designed to be informational and educational tools only, and when used alone, do not constitute investment advice. The results presented by the calculators are hypothetical and may not reflect the actual growth of your own investments. The calculators are not intended to be a substitute for qualified professional advice. Before using these calculators, you must agree to their Terms of Use.