IPX Retirementipx@ipxretirement.com

Retirement Income Projector and Gap Analysis Calculator
Retirement Income Projector and Gap Analysis Calculator

This calculator estimates the monthly income you will have available at retirement and whether it will be enough to meet your needs. Your estimated monthly income available at retirement is subtracted from the projected monthly income you will need at retirement to determine if there is a potential monthly income gap at retirement.

The monthly income available at retirement is based on factors including estimated Social Security retirement benefits, and an estimate of the monthly distributions that your retirement plan might be able to provide. In projecting the monthly distributions that your retirement plan might be able to provide, the calculation is based upon factors and assumptions set out in a 2013 proposal by the Department of Labor for providing information to participants of a defined contribution plan, such as a 401(k) plan, and in a 2020 regulation under ERISA Section 105 for providing lifetime income illustrations on pension benefit statements.

 What is your year of birth? [1944 to 2002] What is your current annual salary? \$ How much do you currently have in your retirement savings plan account? \$ What amount are you currently contributing to this account each year? \$ How much does your employer contribute to your account each year, on average? \$ At what rate do you expect contributions to this account to increase each year until retirement (0% to 10%)? %
 Will you have a traditional pension plan or other predictable monthly income in retirement? YesNo If yes, how much do you expect to receive each year in additional monthly income? \$
 Do you want to include an estimate for Social Security Income? No EstimateEstimate For MeUse My Estimate My estimate of annual Social Security benefits is \$ You can obtain the benefit amount from a Social Security Statement, or from the Social Security Administration website (www.ssa.gov).
 At what age do you expect to retire? [62 to 80] Your employer's retirement plan has a normal retirement age (NRA) that may or may not be the same as your Social Security NRA (see below). You may choose either of these NRAs, or select a different age to retire. [Cannot be less than current age.] Your Social Security NRA How much do you expect the cost of living to rise, on average, each year before retirement? [0% to 10%] % At what rate do you expect your salary to increase each year until retirement? [0% to 10%] % What rate of return do you expect to earn on your savings before retirement? [0% to 10%] % What rate of return do you expect to earn on your savings during retirement? [0% to 10%] % How much of your current income do you expect to need to live comfortably in retirement? [50% to 200%] % A general guideline is between 75% and 100% of your preretirement income.

 IMPORTANT DISCLOSURES IPX Retirement does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual's personal circumstances.  This communication is strictly intended for individuals residing in the state(s) of AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI and WY. No offers may be made or accepted from any resident outside the specific states referenced.