Retirement Savings Calculators
What is my Current Year Required Minimum Distribution?
Minimum distributions are calculated annually based on your age, plan balance at the end of the previous year, marital status and spouse's age. If you do not meet the annual minimum distribution, you may be subject to a 50% penalty on your underpayment, plus ordinary income tax as the funds are withdrawn. Use this tool to calculate your required minimum distribution.
I'm Retired, How Long Will My Savings Last?
Use this calculator to help determine when your retirement savings account may be depleted given a specified monthly income target.
How Much Will I Need to Save for Retirement?
This pre-retirement calculator will help you determine how well you have prepared and what you can do to improve your retirement outlook. It is important that you re-evaluate your preparedness on an ongoing basis. Changes in economic climate, inflation, achievable returns, and in your personal situation will impact your plan.
Are My Current Retirement Savings Sufficient?
One method of retirement planning is to project what you are currently saving and have accumulated to date and see if you will have enough to meet your retirement objectives. Use this calculator to determine when/if the money will run out during retirement and it will recommend additional savings if required.
Should I Convert to a Roth IRA?
If your income is $100,000 or less and you are single or married, filing jointly, you may be eligible to convert your traditional IRAs to a Roth IRA in order to take advantage of federally tax-free earnings in the future. Use this calculator to determine if this is an option for you.
Social Security Retirement Income Estimator
Depending upon your current earnings, Social Security can be a significant part of your retirement income. However, many factors will impact the benefit you may receive. Use this calculator to approximate your Social Security benefit.
What is the Impact of Early Withdrawal from My 401(k)?
Many people feel the need to withdraw funds from their 401(k) plan due to hardship or other emergency. Use this calculator to help determine the impact of lost contributions and retirement funds due to early withdrawal.