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Only 48% of U.S. workers have tried to determine how much they will need to save for a comfortable retirement.
Estimating how much income you will need in retirement — and determining whether your current program of savings and investments can provide that income — is a good start to developing a retirement plan. This financial calculator from Financial Strategies of Wisconsin is designed to help you estimate how much income you may need in retirement and the savings necessary to produce that income.
This calculator is a hypothetical example used for illustrative purposes and does not represent the performance of any specific investment or product. Rates of return will vary over time, particularly for long-term investments. Investments offering the potential for higher rates of return also involve a higher degree of risk of loss. Actual results will vary.
**This is a MyMazuma Staff-Added Resource. To claim it, please email us at [email protected]**