Find out whether your current retirement savings can create dependable income for life, or whether you may be carrying more risk than you realize.
For educational purposes only. Not financial advice. Results based on your assumptions and simplified calculations.
Used to project how long savings must last
Total value of all retirement accounts
Additional savings added each year
Assumed portfolio growth before retirement
Housing, food, healthcare, utilities
Travel, dining, hobbies, entertainment
Estimated benefit at planned retirement age
Pension, rental, or other predictable income
Annual cost-of-living increase applied to expenses
Percentage withdrawn from savings each year
Assumed portfolio growth after retirement
Simulates a market loss in year one
Increases annual withdrawal to match inflation
40% of current savings
For illustration only. Varies by product and terms.
Age at which you begin drawing protected income
Continues income payments to a surviving spouse
Remaining liquid savings continue to earn your retirement portfolio return
You’ve entered the assumptions. Complete the short form to unlock your results, including your estimated paycheck gap, income certainty score, longevity risk, and strategy comparison.
Based on your assumptions. Results are estimates, not guarantees or financial advice.
Projected balance from retirement to your life expectancy, based on your assumptions.
Chart shows investable/liquid portfolio balance only. Protected income payments are not shown as a balance. Results based on your assumptions and simplified calculations.
A side-by-side look at key considerations. This is not a recommendation — every strategy has trade-offs depending on your goals, health, and financial situation.
| Factor | Self-Managed Withdrawal Strategy | Protected Income Strategy |
|---|---|---|
| Income predictability | Depends on market performance and withdrawal discipline | Can provide contract-based income depending on product terms |
| Market downturn impact | Early losses can reduce future income sustainability | Protected income may not be reduced by market losses, depending on contract terms |
| Longevity risk | You carry the risk of outliving your assets | Can transfer some longevity risk to an insurance company |
| Liquidity | Typically more flexible access to funds | May have surrender periods, withdrawal limits, and liquidity restrictions |
| Growth potential | Higher upside potential | May have lower or capped upside depending on product design |
| Legacy value | Remaining balance may pass to heirs | Depends on death benefit, payout option, and contract structure |
| Emotional benefit | More control, more responsibility | More predictability, less income guesswork |
This calculator is only a starting point. The right strategy depends on your age, income needs, savings, taxes, liquidity needs, family goals, and product options. A conversation with a qualified professional can help you turn these estimates into a real plan.