Retirement Income Planner

Retirement Planning Tool

Retirement Income Planner

See how your savings grow at 7% annually and compare two retirement income strategies side by side.

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Plan Your Financial Future

Enter your details to see your personalized retirement projections

$
$
20 years
110203040
Your Projections
Projected Portfolio Value at Retirement
β€”
Growing at 7% annually
Strategy 1
Current Retirement Scenario
4% Rule β€” systematic withdrawal
β€”
per month
Rate: 4.0% / year
Strategy 2
Personal Pension Plan
Guaranteed lifetime income stream
β€”
per month
Rate: 7.0% / year
The Personal Pension Plan generates more per month, providing higher guaranteed income for life.
Monthly Advantage
β€”
Projection Breakdown
Starting savingsβ€”
Monthly contributionsβ€”
Years of growthβ€”
Annual growth rate7.00%
Total contributionsβ€”
Investment growth earnedβ€”
Final portfolio valueβ€”

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This calculator is for illustrative and educational purposes only. It assumes a 7% annual growth rate on investments, which is not guaranteed. The 4% Rule is a general guideline, not a guaranteed withdrawal strategy. Personal Pension Plan income is based on a 7% annual payout rate. Annuity income rates vary by provider and individual circumstances. Please consult a licensed financial professional before making any retirement decisions.