Retirement Totals

Experts from the Government and private sector tells us we should plan for our retirement monthly income to cover us for life expectancy plus 6 years at the minimum, and 30 years at the maximum.  Our calculator therefore uses life expectancy (+6 years) figures from the US Census Bureau for male and female.  Our monthly income figure is based on interest only monthly income, thereby never running out of principal.


Male life expectancy is 75 years old.  Plus 6 years would put the number at 81.

81 years – retirement age of 65 = 16 years of retirement

$9,471 monthly income need x 12 months = $113,652 x 16 years of retirement = $1,818,432 Total for Retirement