The purpose of this information and data generated is to educate and give general guidance to help you craft a personalized approach when considering your sources of retirement income and is not intended as advice. These concepts are based on current Social Security rules, tax laws, and other regulations that could change in the future. The accuracy of the information available impacts these estimates. For specific amounts, please verify with your plan.

WHAT IT ALL MEANS

Once you plug in all your specific numbers – and make sure you use at least 1% for the “Rate of Return in Retirement,” hit “Calculate,” and you’ll get your “Years in Retirement” and “Years at 100%” immediately to the left of the calculate button.

Your years in retirement are simply the number of years between your retirement age (56 if you go all the way to force-out) and the age at which you believe you will pass away. (We suggest using 85)

Your “Years at 100% in ret.” are the number of years you can enjoy the net income you want based on the amount you have in your TSP at retirement. If you change the return rate and hit calculate, you’ll see that your “Years at 100% in ret.” changes.

Don’t forget that your expenses and spending will increase over the years. So you will need to achieve a reasonable and realistic rate of return on your assets throughout retirement.

To achieve a realistic and reasonable return rate while also managing risk throughout your retirement. You may want to consider professional asset management – which can cost significantly less than you might think. And has a long history of helping investors manage risk and returns.

Contact us to learn more.