Return rates and volatility for both working and retirement phases come from the Portfolio tab. Currently: working 7.0% (σ 10.0%) · retirement 5.0% (σ 6.0%).
Assumptions
Retirement age65
Life expectancy90
Income replacement at retirement (%)80
Inflation (%)2.5
Annual salary increase (%)3
Balance at retirement
$2,791,466
Age 65
Annual need at retirement
$168,832
80% of salary then
After-tax balance at retirement
$2,156,603
Trad @ 30.0% MR · LTCG 15%
Money depletes
At age 85
20 yrs into retirement
Portfolio balance over time
Retirement income sources & after-tax breakdown
| Source / Account | Balance at retirement | Tax rate | After-tax value | Note |
|---|---|---|---|---|
| Traditional 401(k) / IRA | $1,741,174 | 30.0% | $1,218,822 | |
| Roth 401(k) / Roth IRA | $0 | 0.0% | $0 | |
| Taxable / Brokerage | $1,050,292 | 15.0% | $937,781 | |
| Social Security (annual income) | $56,957/yr | ~0–15% | ~$52,685/yr | |
| Annual taxes on withdrawals | $49,701/yr (first ret. yr) | — | −$1,525,686 total | |
| Portfolio total | $2,791,466 | — | $2,156,603 |
Year-by-year detail
Nominal dollars
| Age | Phase | Salary | Contributions | Income need | SS + Pension | Withdrawal | Taxes | Balance |
|---|---|---|---|---|---|---|---|---|
| 30 | Working | $75,000 | $12,300 | — | — | — | — | $49,750 |
| 31 | Working | $77,250 | $12,669 | — | — | — | — | $65,902 |
| 32 | Working | $79,568 | $13,049 | — | — | — | — | $83,564 |
| 33 | Working | $81,955 | $13,441 | — | — | — | — | $102,854 |
| 34 | Working | $84,413 | $13,844 | — | — | — | — | $123,897 |
| 35 | Working | $86,946 | $14,259 | — | — | — | — | $146,829 |
| 36 | Working | $89,554 | $14,687 | — | — | — | — | $171,794 |
| 37 | Working | $92,241 | $15,127 | — | — | — | — | $198,947 |
| 38 | Working | $95,008 | $15,581 | — | — | — | — | $228,455 |
| 39 | Working | $97,858 | $16,049 | — | — | — | — | $260,495 |
| 40 | Working | $100,794 | $16,530 | — | — | — | — | $295,260 |
| 41 | Working | $103,818 | $17,026 | — | — | — | — | $332,954 |
| 42 | Working | $106,932 | $17,537 | — | — | — | — | $373,798 |
| 43 | Working | $110,140 | $18,063 | — | — | — | — | $418,027 |
| 44 | Working | $113,444 | $18,605 | — | — | — | — | $465,893 |
| 45 | Working | $116,848 | $19,163 | — | — | — | — | $517,669 |
| 46 | Working | $120,353 | $19,738 | — | — | — | — | $573,644 |
| 47 | Working | $123,964 | $20,330 | — | — | — | — | $634,129 |
| 48 | Working | $127,682 | $20,940 | — | — | — | — | $699,458 |
| 49 | Working | $131,513 | $21,568 | — | — | — | — | $769,988 |
| 50 | Working | $135,458 | $22,215 | — | — | — | — | $846,102 |
| 51 | Working | $139,522 | $22,882 | — | — | — | — | $928,211 |
| 52 | Working | $143,708 | $23,568 | — | — | — | — | $1,016,754 |
| 53 | Working | $148,019 | $24,275 | — | — | — | — | $1,112,201 |
| 54 | Working | $152,460 | $25,003 | — | — | — | — | $1,215,059 |
| 55 | Working | $157,033 | $25,753 | — | — | — | — | $1,325,867 |
| 56 | Working | $161,744 | $26,526 | — | — | — | — | $1,445,203 |
| 57 | Working | $166,597 | $27,322 | — | — | — | — | $1,573,689 |
| 58 | Working | $171,595 | $28,142 | — | — | — | — | $1,711,989 |
| 59 | Working | $176,742 | $28,986 | — | — | — | — | $1,860,814 |
| 60 | Working | $182,045 | $29,855 | — | — | — | — | $2,020,926 |
| 61 | Working | $187,506 | $30,751 | — | — | — | — | $2,193,142 |
| 62 | Working | $193,131 | $31,674 | — | — | — | — | $2,378,336 |
| 63 | Working | $198,925 | $32,624 | — | — | — | — | $2,577,443 |
| 64 | Working | $204,893 | $33,602 | — | — | — | — | $2,791,466 |
| 65 | Retired | — | — | $168,832 | — | $218,533 | $49,701 | $2,701,581 |
| 66 | Retired | — | — | $173,053 | — | $224,219 | $51,166 | $2,601,230 |
| 67 | Retired | — | — | $177,379 | $59,840 | $172,225 | $54,687 | $2,550,455 |
| 68 | Retired | — | — | $181,813 | $61,336 | $176,691 | $56,214 | $2,492,452 |
| 69 | Retired | — | — | $186,359 | $62,870 | $181,264 | $57,775 | $2,426,748 |
| 70 | Retired | — | — | $191,018 | $64,442 | $185,948 | $59,372 | $2,352,839 |
| 71 | Retired | — | — | $195,793 | $66,053 | $190,746 | $61,006 | $2,270,198 |
| 72 | Retired | — | — | $200,688 | $67,704 | $195,661 | $62,677 | $2,178,264 |
| 73 | Retired | — | — | $205,705 | $69,396 | $200,695 | $64,386 | $2,076,447 |
| 74 | Retired | — | — | $210,848 | $71,131 | $205,852 | $66,136 | $1,964,125 |
| 75 | Retired | — | — | $216,119 | $72,910 | $211,135 | $67,925 | $1,840,640 |
| 76 | Retired | — | — | $221,522 | $74,732 | $216,546 | $69,757 | $1,705,298 |
| 77 | Retired | — | — | $227,060 | $76,601 | $222,090 | $71,631 | $1,557,368 |
| 78 | Retired | — | — | $232,736 | $78,516 | $227,770 | $73,549 | $1,396,079 |
| 79 | Retired | — | — | $238,555 | $80,479 | $233,588 | $75,512 | $1,220,615 |
| 80 | Retired | — | — | $244,519 | $82,491 | $239,550 | $77,521 | $1,030,118 |
| 81 | Retired | — | — | $250,632 | $84,553 | $245,657 | $79,578 | $823,684 |
| 82 | Retired | — | — | $256,897 | $86,667 | $251,915 | $81,684 | $600,358 |
| 83 | Retired | — | — | $263,320 | $88,833 | $258,326 | $83,839 | $359,134 |
| 84 | Retired | — | — | $269,903 | $91,054 | $264,895 | $86,046 | $98,951 |
| 85 | Retired | — | — | $276,650 | $93,331 | $98,951 | $47,298 | $0 |
| 86 | Retired | — | — | $283,567 | $95,664 | — | $24,394 | $0 |
| 87 | Retired | — | — | $290,656 | $98,055 | — | $25,004 | $0 |
| 88 | Retired | — | — | $297,922 | $100,507 | — | $25,629 | $0 |
| 89 | Retired | — | — | $305,370 | $103,019 | — | $26,270 | $0 |
| 90 | Retired | — | — | $313,005 | $105,595 | — | $26,927 | $0 |
Projection assumptions