GuidedChoice QuickAdvice Inputs: page 1 of 8

This tool will estimate the monthly income you can expect in retirement using GuidedChoice's powerful financial modeling technology. It's secure, completely confidential, and just takes four easy steps.

To get started, please enter some basic information about yourself below. (For help with each item, roll over the "?" button.)

Personal Information Yourself Your Spouse
Age   Current age

Gender
Female   Female  
Retirement age  
Annual salary  Before taxes $ $
Annual other earned income  From, for instance, a second job; not investment income $ $
 

 

GuidedChoice QuickAdvice Inputs: Page 2 of 4

Enter the total amounts of your current balances in any savings plans and other accounts you've set aside for retirement.

Savings Yourself Your Spouse
Balance in retirement plans  
    Cash    %  %
    Bonds    %  %
    Stocks    %  %
Other retirement savings  
    Cash    %  %
    Bonds    %  %
    Stocks    %  %
 

 

GuidedChoice QuickAdvice Inputs: Page 3 of 4

Enter the total monthly amounts that you expect to continue contributing to your retirement plans and accounts.

Ongoing Contributions Yourself Your Spouse
Into retirement plans - annually  Current and previous employer plans, e.g. 401(k), 403(b), 457, etc., as well as IRAs (traditional, Roth, and rollover)
To other taxable retirement savings - annually  Such as brokerage and savings accounts set aside for retirement purposes
 

 

GuidedChoice QuickAdvice Inputs: Page 4 of 4

Finally, enter any income you expect to receive when you retire, such as pension payments, that is *not* part of the retirement plans and accounts covered in the previous pages.


Pension & Other Income Expected Yourself Your Spouse
  Pensions    
     Expected monthly payments  If you expect to receive income from more than one pension, enter the total monthly amount
     Age payments begin  
     Expected lump sum pension income  Before taxes
     Age lump sum payment expected  If you expect payments from more than one pension to begin at different times, enter the latest
Other income in retirement
 

GuidedChoice QuickAdvice Results


Weak market If you expect payments from more than one pension to begin at different times, enter the latest
Average Market If you expect payments from more than one pension to begin at different times, enter the latest
Strong Market If you expect payments from more than one pension to begin at different times, enter the latest

 

What’s next?

Change your future.
The results shown above might not meet your expectations. To improve your financial future, click here to go back and make some changes. Try entering a later retirement age, or higher contributions to your retirement plan, and see how that affects your results.

 

Get in touch.
The full version of GuidedSavings is currently available only through participating retirement plans – but we’re working on a new version for everyone. Interested? Let us know and we’ll keep you informed.

 

Pass it on.
Know anyone who could use a retirement reality check? Click here to send QuickAdvice tool by email – or share it through your social network.