Cost of Retirement  
Estimating how much income you will need in retirement — and determining whether your current program of savings and investments can provide that income — is a good start to developing a retirement plan. This calculator is designed to help you estimate how much income you may need in retirement and the savings necessary to produce that income.
     

1. What is your current age?

2. What is your household's current annual income?

$

3. How much do you currently have set aside for retirement?

$

4. What percentage annual raises do you expect?

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5. At what age do you expect to retire?

6. How many years do you expect to spend retired?

7. What percentage of your pre-retirement income do you expect to need during retirement?

%

8. What after-tax return do you expect on your investments between now and retirement (0 to 10 percent)?

%

9. What after-tax return do you expect on your investments during retirement (0 to 10 percent)?

%
 
   
   
Navigon Financial Group, Inc.
We have representatives who are insurance and securities licensed in our resident state of North Carolina (NC), as well as the following states: AL, AZ, CO, CT, DE, DC, FL, GA, ID, IL, IN, KS, KY, MD, MI, MO, MS, NH, NJ, NY, OH, OR, PA, SC, TN, TX, UT, VA, VT, WI, WY. For specific information on additional states where each agent may conduct insurance business, please refer to the agent's profile, or contact our office.  Not an offer or solicitation in any state where not properly licensed and registered.
 

*Securities and investment advisory services offered through Hornor, Townsend, & Kent, Inc. (HTK), Registered Investment Advisor, Member FINRA/SIPC.  1009 Slater Road Suite 210-A, Durham, NC 27703. (919) 941-6235.  Navigon Financial Group and other listed entities are independent of HTK unless otherwise noted.  HTK is a wholly owned subsidiary of the Penn Mutual Life Insurance Company and does not offer tax or legal advice.


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