Retirement Expense & Income Calculator

Projecting and planning for retirement expenses is easier with the Retirement Expense & Income Calculator powered by Consumer Expenditure Survey data. After projecting retirement expenses, you can calculate the gap between essential expenses and guaranteed income, which will help you and your clients make an informed decision about how to cover the gap. If an income gap is identified, the proposed gap solution can help you visualize how a variable annuity with an add-on living benefit may help your clients address an income gap in retirement.

Monthly Retirement Expenses

Retirement Age:
Client Information



Today's Dollars
Future Dollars
How Will My Expenses Grow?
Monthly Expenses Inflated Through End of Plan Age in Future Dollars

Retirement expense projections are for illustrative purposes only and results may vary with each use and over time. Retirement expense projections generated by this tool are calculated by Jackson using 2020-2021 Bureau of Labor Statistics (BLS) Consumer Expenditure Survey Micro data and various measurements from the Bureau of Economic Analysis including the Regional Price Parity price index (RPP), the Consumer Price Index for the elderly (CPI-E), and the Personal Consumption Expenditures price index (PCEPI). For complete details regarding assumptions, calculations and definitions see Calculation Explanations.

IMPORTANT: The outcomes displayed in the Proposed Gap Solution are hypothetical in nature, do not reflect an individual's actual investment results and are not a guarantee of future results. This tool is for illustrative purposes only and is not representative of the past or future performance of any Jackson product. Results may vary with each use and over time. For more complete details regarding assumptions, refer to Hedgeness methodology.

The outcomes presented by the Proposed Gap Solution are provided for informational purposes and are not intended as investment advice or a recommendation. Your clients’ individual circumstances may vary. Your clients should consider their individual situation, including time horizon, risk tolerance, investment objectives and the need for an annuity before investing.

Proposed Gap Solution Assumptions: Guaranteed Annual Withdrawal Rate: 5.00%; Bonus Rate 5.50%; Fund Expense: 0.53% - 2.14%; Living Benefit Charge 1.35%; Core Contract Charge: 1.30%; as of March 2022.

A variable annuity is a long-term, tax-deferred investment designed for retirement. The principal value of a variable annuity will fluctuate in value based on the performance of the underlying investments and may lose value. Earnings are taxable as ordinary income when distributed. Individuals may be subject to a 10% additional tax for withdrawals before age 59½ unless an exception to the tax is met.

Add-on living benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity and may be subject to limitations or conditions. There is no guarantee that a variable annuity with an add-on living benefit will provide sufficient supplemental retirement income.

Guarantees are backed by the claims paying ability of the issuing insurance company and do not apply to the principal amount or the performance of a variable annuity's underlying investments.

Social Security calculator

Social security is a foundational part of a retirement income plan and deciding when to start collecting monthly benefits is an important decision. Our Social security calculator, powered by Envestnet MoneyGuide, is designed to help make a client's decision easier.

Retirement planning assessment tools

The better you can understand the unique wants and needs of each client, the better you can help get them there. Kickstart client conversations with step-by-step assessment tools—all at your fingertips.