Retirement / Education Gap Calculator

Estimate what you may need in retirement, what you’re on track for, and the gap to close.

Retirement

Enter your current situation and assumptions. Results stay blank until you enter values.

Current age

Retirement age

Common range is 55–70.

Years in retirement

A planning estimate, often 20–30.

Desired annual retirement income (today’s dollars)

Expected annual government/work pension income

Existing retirement savings

Monthly retirement contribution

Optional: estimate a future education goal and what it might cost in today’s dollars.

Number of children

Years until education costs begin

Education cost per child (today’s dollars)

These are simple assumptions to help estimate a gap. You can adjust them to be more conservative.

Expected annual investment return

Example: 4–7% depending on your mix.

Inflation rate

Example: 2–3% long-run.