Planning

A sophisticated planning tool

Set a goal

How much money will you need in retirement? We know it's a tough question to answer. RetireHub will give you the guidance you need to establish a good goal.

Create a budget

RetireHub's budget worksheet allows you to create and save a retirement budget on which to build your retirement goal. We also offer lots of help on what to expect your expenses in retirement to look like. We can even help with the hard stuff (e.g., "how much will Medicare Part D cost, anyway?")

Customize your plan

Your plan is personal. Your desired retirement age, your saving rate, your income goal, your accounts and your investment options. We even ask you about your risk tolerance.

Get projections

So will you achieve your goal? RetireHub considers how much you have now, how much you are saving and how you are currently invested to determine how much income you are likely to have in retirement. We use a well-recognized sophisticated projection methodology called Monte Carlo simulation. We'll even show you what you can expect to have if the markets do not perform well.

Adjust your plan

You'll get some critical insight from using RetireHub. What happens if you save more? What happens if you retire later (or sooner)? Re-running your income projections under different scenarios helps you to understand your plan better and helps increase your confidence about your retirement plan.