Retirement Savings Application
How to Use Nest Egg Guru's Retirement Savings Calculator
Nest Egg Guru believes providing a range of results is more realistic and instructive than generating a single “magic number” projection. Since the best and worst simulations represent unlikely extremes, users may do well to consider the results that lie between the 50% (median) and 1% result values. Essentially, this range is intended to provide a reasonable estimate of where the user’s retirement nest egg value may fall in the event that future returns turn out to be less robust than the historical norm. This is consistent with Nest Egg Guru’s belief that people should approach retirement planning from the perspective of “hope for the best, but prepare for the worst”. Users are also encouraged to explore how changing different input values may affect their results.
Premium Retirement Savings Calculator Results Summary
Based upon an initial contribution rate of of wages and an expected contribution increase rate of %, your total contributions to your retirement nest egg are projected to be:
This is the total projected amount you will contribute from wages from now until you retire.
In the top 20% of the simulation results (80th percentile), your retirement nest egg in years grew to:
In the median (50th percentile) result, the value of your retirement nest egg in years grew to:
In the worst of the 5,000 simulations, the value of your retirement nest egg after years was only:
Complete Simulation Results - Projected Nest Egg Values at Retirement
Because Nest Egg Guru understands that people absorb and interpret information in varying ways, the complete simulation results are presented in two different graphical formats and in table form. The dollar amounts represent the nest egg values at each of the illustrated simulation percentiles.