Advanced Retirement Calculator
Determine the percentage of your gross income that you'll need to save each year to meet your retirement income goals. Because it uses many assumptions, you should recalculate your estimate annually. Any and all numbers displayed are estimates based on numbers given by you. For more complete and precise projections, consult your Member Service Representative at Summit CU.
Current age  
Age at retirement  
Estimated rate of inflation   %
Estimated after-tax rate of return on investments prior to retirement   %
Current total gross annual income (pre-tax, all sources) $
Percentage of income at retirement needed to maintain standard of living   %
Annual pension income at retirement in current dollars  $
Annual Social Security income at retirement in current dollars  $
Current amount of retirement savings $

 

 


 

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