Retirement Income Gap Calculator
The clearest place to start a retirement income conversation is the gap: what your predictable income doesn't cover. This gives you a rough monthly figure to work from.
Retirement Income Gap Calculator
EstimateSocial Security, pension, etc.
Enter your numbers to see an educational estimate.
The gap is usually where planning starts, so seeing it plainly makes the next conversation easier.
For education only. These calculators are for educational purposes only. They are not recommendations, quotes, tax advice, legal advice, financial advice, or guarantees. Actual needs depend on your full situation, policy terms, carrier rules, contract terms, and professional guidance.
Who this is for
- Pre-retirees and retirees mapping their income
- Anyone who wants to see the gap guaranteed sources leave
How this estimate works
This subtracts your guaranteed monthly income from your expected monthly expenses. The difference is the gap you'd need to cover from other sources, such as savings or, for some people, an income-focused tool. It's a starting point, not a plan, and it doesn't account for inflation or taxes.
Reading your result
What this result means
- The rough monthly gap your guaranteed income doesn't cover
- A starting point for how much income you'd draw from other sources
What it doesn’t mean
- A full retirement plan or any kind of income guarantee
- A figure that accounts for inflation, taxes, or market changes
- A recommendation to use any particular product to fill the gap
Questions this raises
- How predictable do I want my income to be?
- Which of my income sources are actually guaranteed?
- How would I want to cover the gap, and from where?
- Have I kept enough liquid for everyday needs first?
More in Retirement Wealth
Retirement Income Review Checklist
The different jobs your retirement money has to do, and where a gap can hide.
Before You Buy an Annuity
The questions to answer before an annuity makes sense for you.
Fixed Indexed Annuities Explained Clearly
Caps, floors, participation, and where an FIA may fit.
Ready to turn a guide into a plan?
It's free, and you'll leave clearer than you arrived.
Educational only, and not a recommendation, quote, or advice. Any recommendation follows a suitability discussion based on your goals and situation. NOI Wealth Partners does not provide tax, legal, or investment advice and coordinates with qualified professionals where appropriate. Guarantees are subject to the claims-paying ability of the issuing carrier.