Personal Financial Planning Scenario Planner

Step 1

Choose a scenario

You can choose a preset and then edit the assumptions below. Editing assumptions creates a custom version of the selected scenario.

Step 2

Values are examples only. Use whole numbers or decimals. No information leaves your browser.

Personal timeline

Current age Planned retirement age

Current money picture

Current annual income Current savings Monthly savings contribution Current annual expenses

Scenario assumptions

Expected annual investment return (%) Expected annual income growth (%) Inflation rate (%) Expected retirement spending

Optional major future expense

Expense name Expense amount in today's dollars Expense timing Age or year when expense occurs

Step 3

Calculating

Estimated savings at retirement $0

Estimated savings after major expense $0

First-year retirement spending $0

Estimated gap or surplus $0

Target estimate: first-year retirement spending multiplied by 25, a simplified version of the common 4% retirement rule.

Projection

Projected savings Retirement target Major expense year

Scenario comparison

Scenario	Return	Income growth	Inflation	Savings at retirement	Gap / surplus	Status

Plain-English assumptions

Savings grow once per year using the selected investment return.
Monthly contributions are added as a yearly total.
Major expenses are entered in today's dollars and inflated to the year they occur.
Retirement spending is entered in today's dollars and inflated to retirement age.
The retirement target is estimated as 25 times first-year retirement spending.
Taxes, investment fees, Social Security, pensions, debt, account rules, and market volatility are not modeled.