How Much Retirement Income Can My IRA Provide? - Financial Calculators from CalcXML

How Much Retirement Income May My IRA Provide?

Your retirement income can vary widely depending on what type of IRA holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods. Use this calculator to help estimate your monthly and annual income from various IRA types.

Assumptions
Current age
Age when income should start
Number of years to receive income
Before-tax return on savings: (% - accumulation phase)
Before-tax return on savings: (% - distribution phase)
Income tax bracket: (% - accumulation phase)
Income tax bracket: (% - distribution phase)
Your annual contribution
Taxation of contribution options: 1) Deductible accounts fully funded, contributions to non-deductible accounts are reduced. 2) Full contribution made to non-deductible accounts, deductible accounts given a 'side-account' to reflect tax savings.

This information may help you analyze your financial planning needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that company assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.