Retirement Income Check
What’s my income gap?
In retirement, your essential bills don’t stop — so the first question isn’t “how much do I have,” it’s “what reliably covers the basics?” See how your guaranteed income stacks up against your must-pay expenses, and what’s left for your savings to fill.
Monthly gap your savings need to fill
Why the gap matters more than the number
A solid retirement starts by covering essentials with income you can count on — an “income floor.” Once the basics are secure, your savings are free to do the rest. Getting that floor right is where planning pays off:
- When you claim Social Security can change it by thousands a year
- Whether a portion of savings should become guaranteed income
- Roth conversions to keep more of every income source after taxes
- Building the floor so it rises with inflation
- Coordinating both spouses’ benefits and timing
- Leaving savings positioned for growth and legacy
Important: This calculator is provided for educational and illustrative purposes only, using the figures you enter. It is not financial, tax, legal, or investment advice, and it is not a projection, prediction, or guarantee of future results. The “estimated savings to cover the gap” is a simplified illustration based on a withdrawal rate you choose; actual results depend on market returns, sequence of returns, taxes, fees, inflation, and longevity. Keep It Simple Financial Planning, LLC is a registered investment adviser; this tool does not reflect the performance of any KIS strategy, account, or recommendation.