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IncomeWize
Retirement Planner
Retirement Planner
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Take a moment to review
How it Works
and learn about
Social Security Maximizer
and
Healthcare
cost planning.
IW Retirement Planner
Tax Filing Status
Single
Married Filing Jointly
Tax State
No State Taxes
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Retirement Details
Your Date of Birth
Your Retirement Date
Longevity Age
Spouse Retirement Details
Spouse Date of Birth
Spouse Retirement Date
Spouse
Longevity Age
Spending Strategy
Smile Spending
Fixed Spending
Dynamic Spending
Annual Expenses
$
Estimate
Retirement Income Buckets
Cash & Equivalents
Savings, CDs, Money Market, Treasury Bills
Current Value
$
Invest Excess Cash
$
Taxable Investments
Taxable brokerage accounts
Current Value
$
Bond Allocation
%
Preservation (10/90)
Conservative (20/80)
Balanced (50/50)
Moderate (60/40)
Growth (70/30)
Aggressive (80/20)
Most Aggressive (90/10)
Capital Gains Cost Basis
%
Tax-Deferred Investments
401k, 403b, 457b, IRA, SEP, SIMPLE IRA
Current Value
$
Bond Allocation
%
Preservation (10/90)
Conservative (20/80)
Balanced (50/50)
Moderate (60/40)
Growth (70/30)
Aggressive (80/20)
Most Aggressive (90/10)
Tax-Free Investments
Roth: 401K, 403b, 457b, IRA, SIMPLE IRA
Current Value
$
Bond Allocation
%
Preservation (10/90)
Conservative (20/80)
Balanced (50/50)
Moderate (60/40)
Growth (70/30)
Aggressive (80/20)
Most Aggressive (90/10)
Social Security
Full Retirement Age Benefit
$
Starting Date
Pension
Monthly Benefit
$
Starting Date
Survivor Benefit
%
COLA Adjustments
Employment
Post-retirement employment
Annual Income
$
Annual Raise
%
Starting Date
Ending Date
Spousal Income Buckets
Tax-Deferred Investments
401k, 403b, 457b, IRA, SEP, SIMPLE IRA
Current Value
$
Bond Allocation
%
Preservation (10/90)
Conservative (20/80)
Balanced (50/50)
Moderate (60/40)
Growth (70/30)
Aggressive (80/20)
Most Aggressive (90/10)
Tax-Free Investments
Roth: 401K, 403b, 457b, IRA, SIMPLE IRA
Current Value
$
Bond Allocation
%
Preservation (10/90)
Conservative (20/80)
Balanced (50/50)
Moderate (60/40)
Growth (70/30)
Aggressive (80/20)
Most Aggressive (90/10)
Social Security
Full Retirement Age Benefit
$
Starting Date
Pension
Monthly Benefit
$
Starting Date
Survivor Benefit
%
COLA Adjustments
Employment
Post-retirement employment
Annual Income
$
Annual Raise
%
Starting Date
Ending Date
Withdrawal Strategy
Taxable Investments
Tax-Deferred Investments
Roth Conversion
Target Tax Bracket
None
10% Tax Bracket
12% Tax Bracket
22% Tax Bracket
24% Tax Bracket
32% Tax Bracket
35% Tax Bracket
Start Year
End Year
Tax Minimizer
Target Tax Bracket
None
10% Tax Bracket
12% Tax Bracket
22% Tax Bracket
24% Tax Bracket
32% Tax Bracket
35% Tax Bracket
Start Year
End Year
Assumptions
Extra Expenses
Extra Savings
Other Income
Healthcare
Run Analysis
Save Session
AI-Enabled Stress Test
Social Security Maximizer
Retirement Expenses Estimator
Gross Annual Income
$
Total Taxes
$
Annual Savings
$
Temporary Expenses
$
Plan Assumptions
Equity Growth Rate
%
Dividend Yield
%
Bond Yield
%
Cash Interest Rate
%
General Inflation
%
Healthcare Inflation
%
Social Security COLA
%
Pension COLA
%
Investment Account Fees
%
Annual Spending Reduction
%
Survivor Spending Reduction
%
More Social Security Scenarios
Enable scenarios
Extra Pre-Retirement Savings
Cash & Equivalents
$
Taxable Investments
$
Tax-Deferred Investments
$
Tax-Free Investments
$
Spousal Tax-Deferred Investments
$
Spousal Tax-Free Investments
$
Extra Post-Retirement Expenses
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Description
Annual Amount
$
Start Year
End Year
Other Income
Description
Amount
$
Start Year
End Year
Target Bucket
Cash & Equivalents
Taxable Investments
Tax-Deferred Investments
Tax-Free Investments
Spouse Tax-Deferred Investments
Spouse Tax-Free Investments
Description
Amount
$
Start Year
End Year
Target Bucket
Cash & Equivalents
Taxable Investments
Tax-Deferred Investments
Tax-Free Investments
Spouse Tax-Deferred Investments
Spouse Tax-Free Investments
Description
Amount
$
Start Year
End Year
Target Bucket
Cash & Equivalents
Taxable Investments
Tax-Deferred Investments
Tax-Free Investments
Spouse Tax-Deferred Investments
Spouse Tax-Free Investments
Description
Amount
$
Start Year
End Year
Target Bucket
Cash & Equivalents
Taxable Investments
Tax-Deferred Investments
Tax-Free Investments
Spouse Tax-Deferred Investments
Spouse Tax-Free Investments
Healthcare Costs
Medicare Estimates
Part A & B
Part D
Out-of-Pocket Expenses
$
Pre-Medicare Expenses
$
Long-Term Care Expenses
$
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