Annual income goal in constant (i.e., inflation-adjusted) dollars
 
 
Years to save
   
 
Duration (for how many years do you need income?)
   
 
Initial investment
 
 
Assumed annual investment return*
  %  
 
Inflation rate
  %  
 
Average annual contribution increase, if any
  %  
  You need to invest or save    
  ...once a month:    
  ...or once a year:    
  ...or more as an initial investment:    
  All calculations assume beginning of the month investment. The result shown does not reflect returns from an actual investment.    
Close
     
* If not held in a tax-deferred plan, use after-tax rate of return.

The information derived from this tool is for illustrative purposes only and must not be regarded as a promise, projection or estimate of actual investment performance. Results are based on your inputs and certain hypothetical assumptions may have been made based on information you provided. The purpose of the tool is not to predict future returns, but to be used as an educational tool. You should not rely on this tool as the sole source of making any financial decisions. Contact your tax advisor regarding the tax impact of any decision regarding potential savings strategies. You may also contact TIAA-CREF at 800 842-2252.
TIAA CREF - Financial Services

© 2014 and prior years,
Teachers Insurance and Annuity Association - College Retirement Equities Fund,
New York, NY 10017

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