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How Much Do I Need To Retire?

Retirement Planning

$0 $1,000,000
$0 $1,000,000
0% 100%

Results

This scenario may help you understand how much you'll need to save for retirement based on your inputs.

Average
$993,265
80% Rule
Without Social Security: $1,229,796
With Social Security: $737,878
10x Salary Rule
Without Social Security: $1,000,000
With Social Security: $600,000
25x Expenses
Without Social Security: $750,000
With Social Security: $450,000

Retirement Savings Comparison

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Jon McCardle
Jon McCardle
Summit Retirement Advisors President
https://summitfinancialgroupofindiana.com/ (765) 447-1330

Summit Retirement Advisors specialize in providing tailored financial strategies and advice to the higher education community, including university faculty and staff, and private clients. Our firm focuses on collaborative partnerships that educate and equip clients, helping them make informed decisions and minimize stress or uncertainty. Dedicated to delivering peace of mind and long-term financial stability, we transform the way our clients view their future and manage their professional lives. Some of our services include 401(K), 401(A), 403(b), and 457df(b) account management, financial planning, wealth management, and retirement planning.