I input $100,000 and received a value of $6,325. This means that if I had savings of $100,000 at age 60, my estimated retirement income at age 65 would be $6,325 per year.

How Can I Estimate the Income I'll Need in Retirement? It's an important question, and the answer starts with a simple rule of thumb. With a little personalization, this income replacement metric ...

Anticipating your retirement expenses is key to saving the right amount in 401(k)s, IRAs and more. Although getting exact figures might not be possible, projecting costs for healthcare, housing ...

This post helps you estimate the amount of retirement income your IRAs, 401(k) and other retirement savings vehicles will generate for you. To do this, ...

Plan a comfy retirement with the help of an annuity calculator and other estimating tools. You might be surprised at how much income you can collect in your golden years.

Estimate Your Taxes in Retirement Your tax rate in retirement will influence how much income you'll owe the government. For instance, income from traditional IRAs, 401(k)s, pensions and annuities ...

If you’re having trouble translating your retirement savings into monthly income, don’t worry, you're not alone. In fact, more than half of all U.S. workers (ages 20 to 79) have difficulty ...

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you'll need to fund your retirement.

In the good old days, if you had a traditional pension plan, you almost always knew what your monthly income would be in retirement, but not your current nest egg balance. Today, those saving for ...

Most Americans have not socked away enough money for retirement, which makes Social Security income rather critical. Don't go through life assuming it will cover your expenses, because you might ...

Continue reading → The post How to Estimate Your Expenses in Retirement appeared first on SmartAsset Blog. Anticipating your retirement expenses is key to saving the right amount in 401(k)s, ...