Retirement Income Gap Calculator

Calculate the gap between desired retirement income and guaranteed sources (SS, pension).

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Annual Income Gap

$56,000.00

Savings Needed (4% Rule)

$1,400,000.00

Projected Savings

$689,757.89

Income Sources

Desired Retirement Income$80,000.00
Social Security$24,000.00
Pension$0.00
Other Income$0.00
Guaranteed Income Total$24,000.00
Income Gap$56,000.00

Savings Analysis

Savings Needed to Fill Gap$1,400,000.00
Projected Savings at Retirement$689,757.89
Shortfall$710,242.11
Monthly Savings Needed to Close Gap$2,240.78

Use the Retirement Income Gap Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.