This calculator prepares a detailed financial plan for how much you and your partner will need when you retire.
Notes on this calculator
Results are in today's dollars – this means that any amount you pay or
receive in the future will have the same buying power as this many dollars
today.
For example, if you could buy something worth $1000 now, in 10 years time, you would need $1220 ("nominal dollars") to buy that same thing
(assuming 2% inflation). The $1220 nominal dollars in ten years time is equivalent to $1000 today's dollars.This means that the actual
dollar amounts that you pay or receive are likely to be more than the figure quoted here, but it will have the same current buying power.