Ballpark
INTERACTIVE BALLPARK
   
1. Enter your age:
 
2. Enter current annual salary/wage:
  $
3. Enter planned retirement age:
 
4. Enter the desired replacement rate (the percentage of your current income you would like to receive during retirement):
  %
5. Enter expected age of death:
 
6.

Input inflation assumption:

  %
7.

Input wage growth assumption:

  %
8. Input the rate of return you assume you will earn on your investments BEFORE you retire.
(Note: we need you to enter a nominal rate for this calculation, in other words, do NOT subtract out the rate of inflation to produce a real rate of return.)  
  %
9. Input the rate of return you assume you will earn on your investments AFTER you retire.
(Note: we need you to enter a nominal rate for calculation, in other words, do NOT subtract out the rate of inflation to produce a real rate of return.)
  %
10. Do you expect to receive benefits from one or more defined benefit pension plans?
(Note: this is a type of pension that promises the employee a certain amount of retirement income, typically based on compensation and years of service. It is NOT the same as a defined contribution plan in which employees have individual accounts and the account balances will fluctuate with employee and/or employer contributions as well as investment income. Also, this does NOT include your Social Security benefits)
  yes no
11. Input the age at which you plan to start receiving benefits from defined benefit pension plans.
 
12. Input the annual amount you expect to receive from the  defined benefit plan(s) at that age in inflated (future) dollars:
  $
13. Input the annual amount you expect to receive from part-time income at retirement age in inflated (future) dollars:   
  $
14.  Input the annual amount you expect to receive from other income at retirement age in inflated (future) dollars:     
  $
15.

Input your retirement savings to date (include money accumulated in a 401(k),  IRA, or similar retirement plan):

  $
16. Next you will need to go to http://www.socialsecurity.gov/OACT/quickcalc/ (open in new window) to determine your expected Social Security benefit. Please be sure to select the MONTHLY inflated (future) dollars number, not the one that provides benefits in today’s dollars. Input expected Social Security retirement benefit:
  $
   
      
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