Will your retirement income cover the life you plan to live?
Estimate your monthly retirement income gap, see how much of your spending is covered, and understand the result in plain English.
Your numbers
Use today's dollars. Estimates are fine—you can change anything and recalculate.
This educational estimate is not financial, tax, or investment advice. It uses a simplified real-return assumption and does not model taxes, market volatility, sequence-of-returns risk, longevity, healthcare shocks, or changes in benefits.
Your FigureBeacon result
A quick snapshot based on the assumptions you entered.
What this means
At these assumptions, your expected retirement income falls short of your planned spending. This isn't a prediction. It's a starting point for testing which assumptions make the biggest difference.
How FigureBeacon calculates your retirement income
We first project today’s retirement savings to the retirement age you enter, using your annual contributions and your assumed real return (return after inflation). We then apply your withdrawal-rate assumption to that projected balance, divide it across 12 months, and add expected Social Security and other guaranteed income. Finally, we compare that estimated monthly income with planned monthly spending.
Why this is a gap calculator—not a retirement plan
Retirement planning can involve taxes, inflation, investment returns, healthcare, longevity, required distributions, benefit changes and many other factors. This calculator intentionally answers a narrower question: based on the numbers you entered, is there a simple income-versus-spending gap worth investigating?
Try the assumptions, not just the answer
Change one number at a time. Test lower spending, different Social Security estimates, a different retirement age, annual contributions, a different real-return assumption or a more conservative withdrawal assumption. The value is not a single magic number; it is seeing which inputs materially change your result.