Retirement Income Gap Calculator
Retirement Income Gap: a planned Super Calculator tool. Covers current age and retirement age. Stub page while the tool and its worked example are prepared.
Retirement Income Gap Calculator is a planned calculator in the finance section of Super Calculator, covering retirement.
What this calculator will compute
Inputs: current age and retirement age, current spending (currency), expected state pension (currency), workplace pension projection (currency), private savings (currency), expected return (%) and inflation (%).
Outputs: income gap (currency/yr), capital required to close it (currency), additional monthly saving (currency) and replacement ratio achieved (%).
Formula, recorded as scope and not yet verified against a primary source: Compares projected retirement income from state, workplace and private sources against a target replacement of pre retirement spending, then converts the shortfall into a required additional monthly saving using the annuity equation.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.