Retirement is less a finish line than a change of pace. Put a few numbers around the life you have in mind, then bring your income, coverage, and intentions into one clear conversation.
01 / YOUR RETIREMENT INCOME PICTURE
See your retirement
income picture.
Two numbers do most of the work: what your life will cost each month, and the income you expect. Add the years in between and watch how inflation changes the target—year by year, not just at the end.
YOUR MONTHLY PICTURE / AFTER-TAX AMOUNTS
PROJECTED MONTHLY NEED AT AGE 65
$8,829
$4,829 FUTURE MONTHLY SHORTFALL AT RETIREMENT
- Desired monthly spending in today’s dollars
- $6,500
- Expected retirement income (future dollars)
- $4,000
- Projected monthly need at age 90
- $18,986
By age 65 the lifestyle you described could need $8,829 a month. Expected retirement income of $4,000 leaves a projected shortfall of $4,829 to explore. Your entered income is held level in future dollars, and inflation widens the difference over time.
View the year-by-year projection
| Age | Years from today | Monthly need | Expected income (level) | Gap or surplus |
|---|
Illustration using a historical average; future inflation will vary.
Start your Legacy Planning Blueprint →How this estimate works
Desired income is your everyday essentials plus the life you want. Spending compounds at your inflation assumption each year, so the monthly need at a future age is the target multiplied by (1 + inflation) for every year between now and then. Your entered income is held level in future dollars and is not assumed to grow.
The 3.11% default is the arithmetic mean of the U.S. city average CPI-U annual change for the ten completed calendar years 2016–2025. It is a historical average, not a guarantee of future inflation.
This is a monthly-income comparison, not a projection of how long assets will last. It does not model investment returns, taxes, fees, changing spending, longevity or annuity payments, and it does not tell you whether you can afford to retire. Include income only once and keep all entries on the same after-tax basis.
02 / HOW WE HELP
A retirement income picture
shaped around your life.
The calculator gives you a starting point. From there, the useful work is connecting your income, protection, and the flexibility you want to keep in the years ahead.
Start with your life.
We begin with your goals, family, and priorities—the family time, travel, or work that matters to you—long before any product enters the conversation.
Connect your income picture.
Your income sources and their timing are weighed against the rising cost of living, alongside the coverage you already hold, so the space between what you expect and what your life may need stays visible.
Choose your next steps.
We connect the strategies worth exploring with your family priorities and the flexibility you want to preserve—and, with your permission, coordinate with your CPA and attorney.
Bring your income picture into a Legacy Planning Blueprint ↗.
Explore the CLG Debt-Free Retirement Strategy →
COMMONWEALTH LEGACY GROUP / ADVANCED RETIREMENT STRATEGIES
More ways to build tomorrow’s income.
For high earners, business owners, and accredited investors, the retirement conversation can extend beyond traditional savings accounts. We explore insurance-based strategies that bring future income, family protection, and the capital you want to keep available into the same plan.
Your goals
Policy design
Funding approach
Put financing to work for your plan.
Premium-financed life insurance combines your contributions with lender funding. For eligible clients, we can explore structures that do not require outside personal assets as collateral—helping preserve capital for your business and other priorities while building policy value for potential supplemental retirement income.
Start with a design built around you.
Your funding capacity, time horizon, and income goals shape the conversation. We review personalized illustrations and stress-tested scenarios together, so you can see how a strategy may fit before deciding on your next step.
Available to qualifying accredited investors, subject to program eligibility and underwriting.
03 / CLARITY FIRST
Questions we hear often.
How does inflation change what my income needs to cover?
The calculator compounds your monthly spending at the inflation rate you set, so a $6,500 lifestyle today becomes a larger monthly figure over time. Your entered income is held level in future dollars, which is why the projection often shows a widening gap. The default rate is a historical average, and future inflation will vary.
I’m already retired. Can I still use this picture?
Yes. Enter your current age in both the “Your age now” and “Retirement age” fields. The projection then starts today and shows how the cost of your lifestyle could rise over the years you project, even though you are no longer adding years before retirement.
What if I already have income or coverage in place?
Include the income you expect in the monthly total, and count each source only once. Existing contracts, benefits, and coverage become part of the conversation: we look at what is already working before discussing anything new. A review does not presume a replacement.
What happens after my Blueprint?
You receive a summary of your priorities and are invited to book a review. That conversation is where the details come in—your income sources and timing, the arrangements you already have, and the questions worth answering next.
What should I bring to the first conversation?
A general sense of your goals, expected income, and current accounts or coverage is plenty. A recent statement helps if you would like a closer look at a contract you already own.
YOUR NEXT CHAPTER
See what retirement
could make possible.
Start with the life you have in mind and the income picture you just built. Your Legacy Planning Blueprint brings the right questions into focus.
Financial education & insurance-based strategies.