Find out how much monthly income you’ll need for a worry-free retirement. Takes about 2 minutes — completely private.
Lock in today’s high rates with guaranteed growth. Top 5-year rates currently exceed 5%.*
Compare today’s best MYGA rates →Convert a lump sum into guaranteed monthly income that lasts your entire lifetime — no matter how long you live.
Learn about lifetime income →The longer you may live, the more important guaranteed income becomes. Estimate your personal lifespan with our science-based tool.
Try the Longevity Calculator →Speak with an independent advisor who can show you exactly how to turn your number into guaranteed income — from 60+ top-rated carriers.
Get a Free Consultation →*Rates are illustrative and subject to change. All guarantees are backed solely by the financial strength and claims-paying ability of the issuing insurance company. Not FDIC-insured.
One of the most common questions people ask as they approach retirement is: “How much will I actually need each month?” The answer depends on your housing costs, healthcare needs, lifestyle preferences, and how much of your working income you typically spend.
Financial planners often cite the “80% rule” — planning to replace about 80% of your pre-retirement income. But this is a rough guideline at best. Some retirees spend more in their early years (travel, hobbies) and less later. Others face unexpected healthcare costs that push expenses higher. Our calculator builds a more personalized estimate by asking about your specific situation.
Most people will receive some income from Social Security, and some may have a pension. But for many Americans, there’s a gap between guaranteed income and actual monthly needs. This gap is where retirement risk lives — it’s the amount you need to generate from savings, investments, or annuities.
Annuities are one of the few financial products that can convert savings into guaranteed lifetime income, eliminating the risk of running out of money. Whether through a MYGA for guaranteed growth or a SPIA for immediate monthly payments, annuities can fill the gap between what you have and what you need.
Knowing your number is the first step toward building a retirement income plan with confidence. Once you know what you need each month, you can work backwards to determine how much to allocate to guaranteed income sources, how much to keep in growth investments, and when to begin drawing from each. It transforms retirement planning from an abstract worry into a concrete, actionable goal.