How Your Cash Flow Number Is Calculated:

The retirement income estimates provided herein are generated through simulations based on a simple future value calculation of your existing savings, amount you continue to save, and a percentage growth. It does NOT take into consideration market losses and is not a prediction of future growth.

The cash flow calculations are based on withdrawing 4% of your accumulated nest egg starting the year you retire. All calculations are gross amounts and no not account for taxes and fees associated with any and all investments or gains.

Taxes:

Income coming from tax deferred accounts like IRA/401(k) are shown as taxed a blended 25% of total percentage selected.

Social Security Income:

The cash flow also assumes that you will be eligible for Social Security when you retire. It includes Social Security Income and uses the average Social Security income of a individual drawing social security in the year 2017 which is $1360 per month according to ssa.gov

Insurance guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. This information is not intended to be used as the basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation.

All calculations are gross amounts and do not account for taxes and fees associated with any and all investments or gains.