Retirement Savings Gap Analyzer
Retirement Projection
Projected Savings at Retirement:$796,906
Required Nest Egg (4% rule):$1,000,000
Shortfall:$203,094
You need to save $6,770 more per year to reach your goal.
Common Retirement Mistakes
- • Underestimating healthcare costs in retirement
- • Not accounting for inflation over long periods
- • Taking Social Security benefits too early
- • Being too conservative with investments too soon