Financial planning experts report that you'll need approximately 80 percent of your pre-retirement income to maintain your standard of living in retirement. The U.S. Treasury Department estimates that Social Security and pensions will account for only 38 percent of your income. Find out how much you'll need:

INSTRUCTIONS: Include numbers only. Do not add dollar symbols ($), commas (,) or other punctuation marks.

Current Income (in dollars)
Years to retirement
Average annual return you expect to earn during retirement (If you're not sure, enter 4 percent for a conservative estimate, 7* percent for a moderate estimate or 10* percent for an aggressive estimate.) *Assumes a combination of investments and personal savings. (in percent)
Current value of existing retirement savings / investments (in dollars)
Average annual return you expect to earn between now and retirement (If unsure apply same numbers as above) (in percent)

Remember, whether you plan to retire in five years or 25 years, it's never too early to begin saving. Planning well in advance is the key to a financially stable and fulfilling retirement.

Calculations do not take into account the effect of taxes, postretirement inflation or length of retirement. Calculations assume withdrawals during retirement are from earnings only, not principal.