Retirement Income Gap Calculator
This calculator estimates the potential income gap you might face during retirement. It helps you determine whether your current retirement savings and expected benefits are sufficient.
How to Use the Retirement Income Gap Calculator
Follow these steps to use the Retirement Income Gap Calculator:
- Copy the Code: Copy the entire HTML code provided for the Retirement Income Gap Calculator.
- Create a New HTML File: Open a text editor (such as Notepad on Windows, TextEdit on Mac, or any code editor you prefer) and paste the copied code into a new file.
- Save the File: Save the file with a
.html
extension. For example, you can name itretirement_calculator.html
. - Open in a Web Browser: Double-click the saved HTML file to open it in your web browser. The calculator will be displayed in your browser window.
- Fill in the Details: In the calculator form, enter the required information:
- Current Annual Income
- Desired Annual Income During Retirement
- Current Retirement Savings
- Expected Annual Retirement Benefits
- Click Calculate: After entering the information, click the "Calculate Income Gap" button.
- View Results: The calculator will process the information and display the potential income gap based on your inputs.
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