Cost of Retirement  
Estimating how much income you will need in retirement — and determining whether your current program of savings and investments can provide that income — is a good start to developing a retirement plan. This calculator is designed to help you estimate how much income you may need in retirement and the savings necessary to produce that income.
     

1. What is your current age?

2. What is your household's current annual income?

$

3. How much do you currently have set aside for retirement?

$

4. What percentage annual raises do you expect?

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5. At what age do you expect to retire?

6. How many years do you expect to spend retired?

7. What percentage of your pre-retirement income do you expect to need during retirement?

%

8. What after-tax return do you expect on your investments between now and retirement (0 to 10 percent)?

%

9. What after-tax return do you expect on your investments during retirement (0 to 10 percent)?

%
 
   
   
Royal Palm Financial
Corporate Headquarters

5485 Wiles Road
Suite 406
Coconut Creek, FL 33073
Toll Free (877) 401-5787
Fax (954) 933-9987

Bonita Springs Office:

9990 Coconut Road
Suite 210
Bonita Springs, FL 34135
Toll Free (888) 400-3400
Fax (239) 948-4136

Fort Myers Office:

15940 Chatfield Drive
Fort Myers, FL 33908
Toll Free (866) 601-0004
Fax (239) 433-9090