Enter the age at which you are planning to retire. This value must be greater than or equal to the Current Age that you enter and must be less than age 100. Enter only numbers. Do not enter any letters or symbols.

If you are already retired, set the Current Age and Retirement Ages to the same value to indicate to the program you are retired already. It will then skip the Pre-retirement period.

If you have the Couples or Professional Editions, each spouse can have their own retirement agend the program will track each separately. Job Income and Contributions will continue until the spouse's designated retirement age.

Tip: Adjusting Retirement Age

Try increasing this value by a year or two. You may be suprised to see how much this affects your retirement income. At your Retirement Age, the Return During Retirement that you enter on the main screen takes effect (i.e. your savings grow at that return instead of the Annual Return you entered for pre-retirement).

Some people are more conservative at their investing strategy once they reach retirement since they are relying on their investment income for expenses. Thus, we added this Return During Retirement for those who change their investment strategy during their retirement years.

NOTE: If you have a couples illustration, you need to move both retirement ages to probably see what you want to see. WHEN EITHER PERSON RETIRES, the program begins the retirement period calculations. If one spouse still works, their job income is applied until they retire. If total income is greater than the projected retirement needs, then it gets saved and accumulated. THis can cause some counter-intuitive looking results so make sure you are aware of this "intermediate period" if one spouse retires before the other.

If you want to eliminate the above effect, make sure the two spouses retire in the SAME YEAR and that will eliminate the above complexity.