Income
Inflated need
Retirement Savings Gap Calculator
Estimate a retirement portfolio target, projected balance and funding gap from age, desired income, inflation, contributions and return assumptions.
Target, projection and funding gap
Connect the future income need, planning withdrawal rate and contribution path in one funding view.
Enter your figures, then press “Estimate the retirement funding gap” to calculate your result.
No result yetComplete the fields and use the calculation button.
How the retirement savings gap is estimated
The calculator inflates the desired annual income to retirement, divides it by the entered withdrawal rate for a planning target, and compares that target with projected savings and contributions.
- The desired income is inflated to the retirement date.
- The withdrawal rate is only a planning divisor.
- Pensions, EPF withdrawals, taxes and later spending changes require separate review.
Define the income the portfolio must provide
Start with spending rather than a percentage of salary. Remove work costs that may end, add health, housing, care and replacement costs that remain, and identify any reliable pension or rental income separately.
This tool treats the full entered income as a portfolio need. Subtract dependable outside income before entry if it will genuinely cover part of the plan.
Retirement has an income target and an asset path
The gap is useful when it leads to a contribution, timing or spending decision.
Target
Planning portfolio
Projection
Current path
Keep inflation and withdrawal assumptions visible
The desired income is entered in today's dollars and inflated to the planned retirement age. The withdrawal rate then converts that future annual amount into a target.
Neither assumption is guaranteed. Longevity, market sequence, fees, tax, asset allocation and spending flexibility affect how much is enough. Test a lower withdrawal rate and higher inflation together.
Turn the gap into a contribution decision
A shortfall can be addressed through higher contributions, a later date, lower retirement spending, outside income or a different investment plan. Raising the return assumption does not create a controllable action.
Review the result at least annually and after major income or family changes. As retirement approaches, build a withdrawal and liquidity plan rather than relying on one target number.
- Income needed at retirement
- Planning portfolio target
- Projected invested balance
- Remaining funding gap
Common questions about this calculator
Does the target include EPF or pension income?
Only if you account for it in the inputs. Reduce the portfolio income need by a dependable outside amount rather than counting the same benefit twice.
Is the withdrawal rate a safe guarantee?
No. It is a planning divisor. Longevity, market sequence, fees, tax, allocation and spending flexibility all affect how long a portfolio may support withdrawals.