Retirement income gap calculator

Available for American Equity IncomeShield BONUS 10, IncomeShield 10 and IncomeShield 9 fixed index annuity products.

Do you have an income gap in your retirement plan?

Ensuring you have the resources you need to retire can be daunting. One way to think about planning for a stable retirement is to secure a source of guaranteed lifetime income — an income stream that will pay as long as you and/or a spouse are alive. These sources may include Social Security, pension, and annuities.

There are three types of expenses in retirement:

Essential expenses such as a mortgage, utilities, insurance premiums, etc.
Lifestyle expenses are things you could do without, but are important to the retirement lifestyle you imagine.
Nice-to-haves cover spending you’d feel comfortable going without If you had to.

Use our calculator to add up your expenses and compare to your sources of guaranteed lifetime income.

Calculator

Income gap calculator

Step 1

Your information

Step 2

Retirement expenses

Step 3

Retirement income

Step 4

Income gap

Step 5

Annuity

Step 6

Report

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Annuity contract and Riders issued under form series ICC24 BASE-IDX-B, ICC23 BASE-IDX, ICC24 IDX-11-10, ICC23 IDX-10-10, ICC20 E-PTP-C, ICC20 E-PTP-PR, ICC20 E-MPTP-C, ICC24 E-BPT, ICC20 R-EBR, ICC16 R-MVA, ICC25 R-LIBR-W-FSP, ICC25 RLIBR-W-FCP and state variations thereof. Availability may vary by product and state. For complete details please see product specific sales brochure(s) and disclosure(s).

This material is for informational purposes only, and is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial circumstances, investment objectives, risk tolerance, or need of any specific person. In providing this information American Equity Investment Life Insurance Company is not acting as your fiduciary as defined by the Department of Labor. American Equity does not offer legal, investment or tax advice or make recommendations regarding insurance or investment products. Please consult a qualified professional.