# Retirement Shortfall Calculator for Free

Are you convinced that your current retirement plan will not under-perform? Use our calculator to verify your retirement plan for possible shortfalls at the time of retirement. Put in the current amount of retirement savings, monthly contributions, years remaining till retirement, years in retirement, expected inflation, tax rate, and other required parameters to see the projected shortfall or surplus at retirement. The integrated reports of ACalculator will make it easy to understand with its organized reports.

- Current retirement savings
- Total amount of dollar you have already saved for retirement. Make sure that you have not blended amounts that are allocated for other purposes like children’s education.
- Monthly contributions
- Amount of dollar you have planned to contribute monthly to the retirement savings plan. This amount is the total amount you contribute to different types of retirement account like 401(k), employer’s contribution, 403(b), 457(b) etc. While analyzing your total monthly contributions, by default, this calculator will consider that, you will make those contributions at the beginning of each period.
- Years before you retire
- Number of years remaining before you will go for retirement. This indicates the number of years you will contribute to the account.
- Number of years in retirement
- Probably the most important parameter for you. This field will indicate the length of time you wish to utilize your retirement savings after you retire. This should reflect your and your spouse’s life expectancy.
- Annual retirement expenses
- Portion of your after-tax income that you have planned to spend annually after your retirement. These costs will also be adjusted for price increase if you check the ‘Increase expenses with inflation’ box.
- Expected inflation rate
- Your anticipated rate of increase in the general price level. This is the expected inflation rate in the economy for long terms as the Consumer Price Index (CPI) indicates.
- Rate of return before retirement
- Your expected percentage rate of return from investments before your retirement.. This anticipated rate is annually compounded by this calculator. This is only your estimation about future account balances (note that it will have an effect on the RMD or Required Minimum Distribution).
- Rate of return during retirement
- The yearly rate of return from your chosen investment plan from the time you retire. In reality, the actual rate of return may not be the same, rather lower, as the investors are willing to have constant and stable inflows of funds and therefore invest with a conservative approach.
- Federal tax rate
- Marginal rate of Federal tax applicable for your income level. You can use are marginal tax calculator to find out this figure.
- State tax rate
- Marginal rate of income tax charged by your state tax authority.