Retirement income gap calculator
Available for American Equity IncomeShield 10 and IncomeShield BONUS 10 fixed index annuity products. Products not available in California.
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.
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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IncomeShield 10: Annuity Contract and Riders issued under form series ICC23 BASE-IDX, ICC23 IDX-10-10, ICC20 E-PTP-C, ICC20 E-PTP-PR, ICC20 E-MPTP-C, ICC24 E-BPT, ICC16 R-MVA, ICC20 R-EBR, ICC25 R-LIBR-W-FSP, and state variations thereof. Availability may vary by state.
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.