Retirement Worksheet

Calculating Your "Financial Independence Number"

Fill out the worksheet below — your results update instantly as you type.

Your Info

Name

Phone

Date

Retirement Income Needed

Total Current Annual Income$

Income Replacement %%

Retirement Income in Today's Dollars

—

= — × 80%

Retirement Planning Facts

Desired Retirement Agefor reference only

Years Until Retirement

Years During Retirement

Current Monthly Savings ($/mo)

Total Current Retirement Savings

Until row During row

Years	Inflation	FIN	Growth	Saving
10	1.3439	8.523	2.4514	195
15	1.558	11.9088	3.838	381
20	1.8061	14.8186	6.0092	673
25	2.0938	17.3196	9.4084	1130
30	2.4273	19.469	14.7306	1844
35	2.8139	21.3163	23.0634	2964
40	3.262	22.904	36.1099	4716
45	3.7816	24.2685	56.5366	7460

Your Results

Your FIN

—

Total nest egg you'll need

Monthly Savings Required

—

Each month, starting now

Step-by-Step Math

1Retirement Income (today's $)
— × 80%Current Income × Replacement %
—
2Inflation-Adjusted Income Needed
— × 2.0938Inflation Factor · 25 yrs: 2.0938
—
3YOUR FIN
— × 17.3196FIN Factor · 25 yrs: 17.3196
—
4Future Balance
— × 9.4084Growth Factor · 25 yrs: 9.4084
—
5Adjusted FIN
— − —Your FIN − Future Balance
—
6MONTHLY SAVINGS REQUIRED
— ÷ 1,130Saving Factor · 25 yrs: 1,130
—

Current Monthly Savings

—

Monthly Savings Gap

—

Fill in your current monthly savings and the steps above to see your monthly savings gap.

Saves a one-page summary of your worksheet and results.

* Factors are an approximation based on 3-9-6 assumptions. This is a hypothetical illustration for educational purposes only. It is not a guarantee of future results and not financial, tax, or legal advice.