Retirement Gap Calculator

A retirement income gap is the difference between the monthly income you want in retirement and the income you expect from pensions and other sources. It indicates how much you may need to withdraw from personal savings each month.

A common starting point is to target 70% to 80% of current take-home income, but your own target should reflect housing, healthcare, debt, taxes, lifestyle, and other expected expenses.

You can increase regular savings, delay retirement, reduce planned retirement spending, or combine these approaches. Investment returns, tax treatment, and pension rules vary, so use this result as a planning estimate rather than personal financial advice.