Retirement Planner

How Much Should You Be Saving for Retirement?

Regardless of your age, saving for retirement should be an important priority in your overall financial plan. Social Security and pension benefits will provide only a portion of your retirement income. You'll need to fund the rest yourself from personal savings and investments.

How much do you need to save to reach your retirement savings goal? Find out by answering the questions below.

In today's dollars, how much will you need monthly in pre-tax income?
How much monthly income do you expect to earn from Social Security in today's dollars?
How much monthly income do you expect to earn in pension benefits in today's dollars?
How much do you currently have set aside for retirement?
How much are you currently saving monthly towards your retirement (including your employer's match, if any)?
Asset Class
Pre-Retirement
Post-Retirement

U.S. Stocks

Large-Cap Stocks

Large-Cap Stocks
Asset Class

Small-Cap Stocks

Small-Cap Stocks
Asset Class

Foreign Stocks

Developed Markets

Developed Markets
Asset Class

Emerging Markets

Emerging Markets
Asset Class

Bonds

U.S. Government Bonds

U.S. Government Bonds
Asset Class

Broad Investment-Grade

Broad Investment-Grade
Asset Class

Money Market/Cash

Money Market/Cash

Asset Class

Real Estate

Real Estate

Asset Class

Commodities

Commodities

Asset Class
TOTALS

These calculations are based in part on input provided by the plan sponsor and/or plan participant. Newport Group and its affiliates are not responsible for the accuracy or appropriatness of such input for any particular plan or for any plan participant's financial circumstances. Different investments involve different levels of risk and every investor has their own comfort level with risk. Investors should consult with their financial advisor to determine their personal risk tolerances and what level of portfolio risk may be appropriate for their circumstances before making investment decisions.

These calculations are not intended to be considered as investment, tax, or legal advice. The laws and regulations governing these matters are complex and subject to change. Please consult your investment, tax, and legal advisors for information and guidance that is specific to your plan and your financial circumstances before making investment decisions.

© 2016 DST Systems, Inc.