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RETIREMENT PLANNING CALCULATOR

You

Spouse (Remove)

About You

What is your current age?

What is your gender?

At what age do you plan to retire?

What is your anticipated life expectancy?

Income

What is your current annual income (before taxes)?

What percentage rate do you expect your annual income to increase each year?

What is your household's federal income tax bracket?

What is your household's state income tax rate
(to the nearest percent)?

What average annual inflation rate for your household do you expect between now and when you retire?

Goals

What percentage of your current annual income (after taxes) do you expect you will need each year during retirement?

How much of an inheritance, in today's dollars, do you wish to leave behind?

You

Spouse

Tax-Advantaged Accounts

How much do you currently have saved for retirement in tax-advantaged accounts (for example, 401k, 403b, Traditional IRAs, tax-deferred annuities)?

What percentage of your salary will you contribute annually to your employer-sponsored retirement plan?

What percentage of your annual salary do you
expect your employer to make matching contributions to your retirement account?

How much will you or your employer contribute annually to other tax-advantaged accounts (for example, IRAs, annuities, non-qualified deferred compensation plans)?

By what percentage do you expect your
annual contribution to other tax-advantaged accounts to increase each year?

Tax-Exempt Accounts

How much do you currently have saved for retirement in tax-exempt investments (Roth IRAs, municipal bonds, etc.)?

How much do you plan to contribute annually
to your tax-exempt retirement investments between now and the time you retire?

By what percentage do you expect your
annual contribution to your tax-exempt retirement investments to increase each year?

Taxable Accounts

How much do you currently have saved for retirement in taxable accounts (for example, brokerage accounts, savings accounts)?

How much will you contribute annually to your taxable retirement savings between now and the time you retire?

By what percentage do you expect your
annual contribution to your taxable retirement savings to increase each year?

Rate of Return

Overall Rate of Return

What overall annual rate of return do you expect to earn on your retirement savings for your household?

Between now and the time you retire?

During your retirement years?

Tax-Exempt Rate of Return

What annual rate of return do you expect to earn on your tax-exempt retirement investments for your household?

Between now and the time you retire?

During your retirement years?

¹	The indices are presented to provide you with an understanding of their historic long-term performance and are not presented to illustrate the performance of any security. Investors cannot directly purchase any index.

You

Spouse

Additional Savings

You may have other opportunities to contribute to your retirement savings in the future.
For example, you may plan to sell assets such as real estate or a business. Or you
may choose to increase your annual retirement savings once you've met other financial
goals, like paying off a mortgage or sending your kids to college.

How much do you expect to invest in the future as a one-time lump sum?

At what age do you expect to contribute this one-time lump sum amount?

What amount of annual additional savings do you expect to invest in the future?

What percentage increase in annual additional savings do you expect?

At what age do you expect to begin this annual additional savings?

At what age do you expect to stop this annual additional savings?

Social Security

At what age do you expect to begin receiving Social Security benefits?

What annual amount, in today's dollars, do you expect to receive from Social Security benefits?

Pension Plan

How much do you expect from your pension plan
as a one-time lump sum?

What annual benefit amount do you expect from
your pension plan?

Work After Retirement

If you plan on working after retirement, at what age do you expect to begin working?

How many years do you plan to work during retirement?

What before-tax annual income, in today's dollars, do you expect to receive?

At what percentage rate do you expect your annual income, during retirement, to increase each year?

Inheritance

If you expect to receive an inheritance, what
amount do you expect to receive after taxes?

At what age do you expect to receive this inheritance?

Results

Thank you for taking the time to complete Wachovia's Retirement Planning Calculator.

Based on information that you entered, we calculate the following:

At the retirement age of , you will need to have saved $ . (See

on the chart to the right.)¹

Since you would have saved $ for retirement,

You can modify the results by going back and changing your answers. Click on the tab of the section you want to change.

Planning for retirement is complex and a retirement calculator only covers the basics. A Wells Fargo Advisor can help you prepare a more detailed financial analysis and devise a personalized plan to help reach your retirement goals.

Please call 888-840-2517 or Locate a Wells Fargo Advisor.

The chart illustrates your accumulation of assets based on your inputs until retirement. Once you are retired, the chart shows your depletion of funds based on your inputs through statistical life expectancy. If your assets are reduced to zero before your statistical life expectancy, you are considered to have a potential shortfall situation. Conversely, if your assets are not depleted by your life expectancy, you are considered to have a potential surplus of assets at retirement.

Your Answers

About You

You

Spouse

What is your current age?

What is your gender?

At what age do you plan to retire?

What is your anticipated life expectancy?

Income

You

Spouse

What is your current annual income (before taxes)?

What percentage rate do you expect your annual income to increase each year?

What is your household's federal income tax bracket?

What is your household's state income tax rate
(to the nearest percent)?

What average annual inflation rate for your household do you expect between now and when you retire?

Goals

You

Spouse

What percentage of your current annual income (after taxes) do you expect you will need each year during retirement?

How much of an inheritance, in today's dollars, do you wish to leave behind?

Tax-Advantaged Accounts

You

Spouse

How much do you currently have saved for retirement in tax-advantaged accounts (for example, 401k, 403b, Traditional IRAs, tax-deferred annuities)?

What percentage of your salary will you contribute annually to your employer-sponsored retirement plan?

What percentage of your annual salary do you
expect your employer to make matching contributions to your retirement account?

How much will you or your employer contribute annually to other tax-advantaged accounts (for example, IRAs, annuities, non-qualified deferred compensation plans)?

By what percentage do you expect your annual contribution to other tax-advantaged accounts to increase each year?

Tax-Exempt Accounts

You

Spouse

How much do you currently have saved for retirement in tax-exempt investments (Roth IRAs, municipal bonds, etc.)?

How much do you plan to contribute annually
to your tax-exempt retirement investments between now and the time you retire?

By what percentage do you expect your
annual contribution to your tax-exempt retirement investments to increase each year?

Taxable Accounts

You

Spouse

How much do you currently have saved for retirement in taxable accounts (for example, brokerage accounts, savings accounts)?

How much will you contribute annually to your taxable retirement savings between now and the time you retire?

By what percentage do you expect your
annual contribution to your taxable retirement savings to increase each year?

Rate of Return

Overall Rate of Return

What overall annual rate of return do you expect to earn on your retirement savings for your household?

Between now and the time you retire?

During your retirement years?

Tax-Exempt Rate of Return

What annual rate of return do you expect to earn on your tax-exempt retirement investments for your household?

Between now and the time you retire?

During your retirement years?

Additional Savings

You

Spouse

How much do you expect to invest in the future as a one-time lump sum?

At what age do you expect to contribute this one-time lump sum amount?

What amount of annual additional savings do you expect to invest in the future?

What percentage increase in annual additional savings do you expect?

At what age do you expect to begin this annual additional savings?

At what age do you expect to stop this annual additional savings?

Social Security

You

Spouse

At what age do you expect to begin receiving Social Security benefits?

What annual amount, in today's dollars, do you expect to receive from Social Security benefits?

Pension Plan

You

Spouse

How much do you expect from your pension plan as a one-time lump sum?

What annual benefit amount do you expect from your pension plan?

Work After Retirement

You

Spouse

If you plan on working after retirement, at what age do you expect to begin working?

How many years do you plan to work during retirement?

What before-tax annual income, in today's dollars, do you expect to receive?

At what percentage rate do you expect your annual income, during retirement, to increase each year?

Inheritance

You

Spouse

If you expect to receive an inheritance, what
amount do you expect to receive after taxes?

At what age do you expect to receive this inheritance?

Contact Us

To find a financial advisor
or learn more:

Retirement Resource Center
(888) 840-2517
8:00am - 6:00pm ET
Monday - Friday

Financial Advisor Locations

Taxes (on taxable investment returns and withdrawals from tax deferred retirement plans) are calculated using the Federal and State income tax rates entered by the user. As such, the favorable tax treatment of dividends and long term capital gains is not reflected - this may result in a conservative calculation of the growth of taxable assets applied in this calculator.

RMDs are calculated based on the life expectancy entered by the user and are, as such, only an approximation of the true RMDs that would apply (true RMD calculations are based on life expectancy from actuarial tables such as the 2000 Annuity Table).

Throughout this calculator, tax calculations are made using the marginal federal and state income tax rates entered by the user, not the effective income tax rates - this may result in a more conservative tax treatment of taxable income and earnings.

^† Links to third-party sites are provided for your convenience. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Wachovia neither endorses nor guarantees offerings of the third party providers, nor is Wachovia responsible for the security, content or availability of third-party sites, their partners, or advertisers.

10/05

Wachovia Securities, the trade name formerly used for Wachovia Securities, LLC and Wachovia Securities Financial Network, LLC, is now Wells Fargo Advisors. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company. Wachovia is a Wells Fargo Company.

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