Whether retirement is decades away or just over the horizon, it's a good idea to always know where you stand. Use this calculator to see whether you're on target, pretty close, or have veered off course.
The information provided is not intended to be tax, legal or investment advice and is provided for general educational purposes only. Neither Guardian, nor its subsidiaries, agents or employees provide tax or legal advice. You should consult with your tax and legal advisor regarding your individual situation.
Charts are for illustrative purposes and are not intended to suggest a particular course of action or represent the performance of any particular financial product or security. Past performance is not a guarantee of future results.
Everyone’s retirement goals are unique. Your results are based on information you provided and/or assumptions, but you can adjust the answers to these questions to better fit your financial situation.
Enter an age of 60 or greater
Your qualified savings include IRAs, 401(k)s and other retirement accounts funded with pre-tax dollars
A good annual savings target is 10% of your salary, gradually increasing this percentage over time
Generally this is around 70% of your current annual income
The longer you can plan for, the better
Enter a rate between 0% and 20%
Add together your state tax bracket and your federal tax bracket. The Federal tax brackets are 10%, 12%, 22%, 24%, 32%, 35%, or 37%
The rate of return you expect prior to retirement, between 1% and 12%
The rate of return you expect during retirement, between 1% and 12%
Your non-qualified savings include bonds, and other savings accounts, funded with post-tax dollars
Talk to a Guardian financial professional about your results
Your results
Based on your answers, you're at 24% of your total retirement income goal of $1.67M.
We can help you. Talk to a financial professional to help create a retirement plan.