This is a demo using a fictional profile (James & Linda Morrison, Austin TX). Create a free account to model your own retirement.

Your Retirement Milestones

Setup Incomplete
You
Spouse
SS
Early
Medi-
care
SS
FRA
SS
Max
RMD
Begins
2015
2020
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2040
2045
SS
Early
Medi-
care
SS
FRA
SS
Max
RMD
Begins

Financial Viability

A comprehensive plan covering four pillars: funding your lifestyle, minimizing costs, building a legacy, and charitable giving. Use the optimizer at the bottom to model your specific situation.

Ensure you have sufficient resources to cover your family's living expenses throughout the entire plan period — not just the early, healthy years, but all the way to the end of the projection.

  • Taxable savings are your primary drawdown account. They grow at your portfolio rate and are supplemented by after-tax RMD income each year.
  • COLA adjustment — living expenses increase with inflation each year, so a budget that works today may fall short in 15 years without planning.
  • HSA — in retirement, your HSA covers Medicare Part B premiums, Part D costs, and deductibles tax-free. Any remaining balance is drawn for shortfalls before touching your Roth. Because HSA funds can't pass tax-free to non-spousal heirs, draw it down before your Roth IRA.
  • Roth IRA backup — once taxable accounts and the HSA are depleted, your Roth IRA provides tax-free coverage with no forced withdrawals.
  • Social Security provides inflation-adjusted income for life — delaying to age 70 maximizes your monthly benefit and reduces longevity risk.

Enter your annual living expenses, account balances, and Social Security estimates in the optimizer below to project your coverage over the full plan period.

Retirement Optimizer

Portfolio Balance Trajectory
Depleted 2044 · 85%

Starting Taxable

$40k

Starting IRA / 401k / 403b

$450k

Starting Roth

$10k

Ending Taxable

$0

Ending IRA / 401k / 403b

$0

Ending Roth

$0

Funding priority: (1) Taxable accounts first — COLA-adjusted expenses are drawn here, with Social Security payments and after-tax RMDs from the IRA depositing into this account each year. (2) IRA / 401k is depleted by required minimum distributions (age 73+) and Roth conversions; excess RMD cash supplements taxable. (3) HSA covers Medicare premiums and deductibles tax-free in retirement; any remaining balance drawn before tapping Roth. (4) Roth IRA last — preserving tax-free growth for heirs. Charitable giving (QCDs), real estate proceeds, or other asset sales can offset withdrawals at any stage.

Plan shortfall starting 2044 — all sources depleted 2044

Additional savings needed

$38,000

added to taxable accounts

Reduce annual expenses

$2,800

in today's dollars

Delay retirement by

>20 years

contributions alone won't fix this

Tap real estate equity

$875,258

downsize or reverse mortgage

Income vs. Expenses

Bars show after-tax income (left axis). Red line = total expenses. Red shading = annual savings drawdown. Dashed gray line = portfolio balance excluding real estate (right axis) — when it hits zero, the plan fails.

Net Worth by Year

Stacked bars show portfolio balances by account type. Real estate equity = appraised value minus mortgage. Gray line = total net worth across all assets. When a layer disappears, that source is exhausted.