The Retirement Reality Check: Is Your Income Ready for the Lifestyle You Want?

Let's face it, retirement isn't just about relaxing on the porch anymore. It's about living the life you've always dreamed of.

But dreams can clash with reality. That's where this calculator comes in. It's not just a budget tool, it's your Retirement Reality Check. It helps you see the gap between your expected income and the lifestyle you desire.

Be honest with your numbers. No rose-colored glasses, just the facts.

  • Will your retirement be worry-free or filled with financial stress?
  • Can you afford those travel plans and hobbies you've been looking forward to?
  • Is your retirement plan solid, or does it need some adjustments?

This calculator isn't about scaring you, it's about empowering you. It's for those who want to take control of their retirement and ensure they have the resources to live comfortably.

So, are you ready to face the facts?

Take the Retirement Reality Check. See where you stand. Then, take action. Because the sooner you know, the sooner you can make any necessary changes to secure the retirement you truly deserve.

P.S. Time is of the essence. Don't let another day pass without knowing if your retirement plan is on track. Calculate. Adjust. Retire happy.

Income Gap Calculator

Monthly household expenses

Add up your monthly categories and multiply by 12 to calculate your annual "must have" expenses

Housing $
Transportation $
Food $
Healthcare $
Other $
Total monthly must-have expenses $0.00
Multiply by 12 for total estimated annual expenses A$0.00

Monthly income

Social Security $
Pension $
Total Monthly Income $0.00
Multiply by 12 for total estimated annual income B$0.00

Do you have an annual "must-haves" income gap?

ATotal estimated annual expenses $0.00
BTotal estimated annual income $0.00
CYearly income GAP $0.00

Next you'll need to cover the annual "must-haves" income gap. Here's how much to consider investing if you:

Want income now:

CYearly income GAP $0.00
Withdrawal Rate $%
If income is needed NOW $0.00

Want income later:

D# of years until 1st withdrawal
Simple interest %
If income is needed LATER $0.00

Now that you've used the income gap calculator, it's time to take action.

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