Life Expectancy & Retirement Planner Tool
Retirement planning
is about more than just saving money—it’s about ensuring your savings last throughout your lifetime.
The Life Expectancy & Retirement Planner helps you estimate how long your savings will last while considering inflation, investment returns, Social Security income, and expenses. This tool is designed to help seniors make informed decisions about their financial future.
Why Use This Planner?
Helps you prepare for the future by estimating savings longevity. Allows adjustments based on financial habits and investment returns. Offers real-time insights into the impact of inflation and withdrawal rates. Encourages smart decision-making to prevent outliving savings.
Life Expectancy & Retirement Planner
Estimate remaining years by health, see how long your savings may last, and review a year-by-year drawdown. Your data stays on this device.
Estimated Life Expectancy
Years Remaining (est.)
Savings Duration (est.)
Enter your details on the left and click Calculate.
| Year | Age | Start Balance | Growth | SSI (yr) | Expenses (yr) | End Balance |
|---|---|---|---|---|---|---|
| Timeline appears after you calculate. | ||||||
For education only—not financial or medical advice. Social Security is modeled flat; expenses inflate annually; growth compounds annually. For a personal plan, consult a fiduciary advisor and your clinician.
How the Tool Works
Life Expectancy Estimation: Based on your age and health condition, the tool provides a personalized life expectancy estimate.
Savings & Expenses Tracking: Enter your current savings, monthly expenses, and Social Security income to determine how long your savings will last.
Investment & Inflation Adjustments: Factor in annual investment growth and inflation rates for a more accurate forecast.
Withdrawal Strategy Selection: Choose between the 4% rule or life expectancy-based spending to manage withdrawals effectively.
Emergency Fund Allocation: Set aside an emergency fund to cover unexpected medical expenses or financial surprises.
Disclaimer
The Life Expectancy & Retirement Planner is an educational tool designed to provide general financial estimates. It does not serve as financial, investment, or tax advice. Actual savings longevity may vary based on market conditions, unexpected expenses, and policy changes. Users should consult a certified financial advisor for personalized retirement planning. 60AndOver.net is not responsible for discrepancies between estimated and actual financial outcomes.
Plan wisely and take control of your retirement future today!
