Retirement Income Replacement Ratio Calculator
How Much of Your Paycheck Will Your Retirement Income Replace?
About the Retirement Income Replacement Ratio Calculator
Use our Retirement Income Replacement Ratio Calculator to see how much of your income before retirement your retirement income replaces, or how much more a year you need to reach a target.
The replacement ratio is your yearly retirement income — Social Security, pensions, portfolio withdrawals and other income — divided by your gross income before retirement.
A common rule of thumb is to aim for 70% to 90%: many costs fall in retirement, such as saving for retirement and payroll taxes. Your own target depends on your spending, housing, healthcare and taxes, so compare it with a spending plan.
Enter every amount before tax so they compare fairly. To estimate your monthly income after tax, or the savings you need for it, use our Retirement Income Calculator.
Your income before and after retirement
Retirement income, a year
Enter your income before retirement and your expected retirement income, then press Calculate.
At common targets
| Target ratio | Income needed a year | Still to find |
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Press Calculate to see the results as graphs.
