T. Rowe Price Retirement Income Calculator

Spec sheet

Purpose

The calculator estimates where users stand for retirement and suggests potential actions to prepare.Read 4 Oct 2026 · troweprice.com

Security

T. Rowe Price says it uses SSL/TLS encryption, multifactor authentication, logging, and access controls to help protect online communications and information.Read 3 Oct 2026 · troweprice.com

Headquarters

Baltimore, Maryland, United StatesRead 28 Sep 2026 · troweprice.com

Founded

1937Read 28 Sep 2026 · troweprice.com

Access

The calculator is presented as an online tool on T. Rowe Price’s website; the opened calculator page requires JavaScript to run.Read 3 Oct 2026 · troweprice.com

Account modeling limit

The methodology says it does not include assumptions for inherited retirement assets, Roth IRAs, or Roth savings in workplace plans.Read 4 Oct 2026 · troweprice.com

Adjustable scenarios

The results screen lets users adjust retirement age, retirement expenses, savings, and anticipated retirement income.Read 4 Oct 2026 · troweprice.com

Calculation limit

The calculator does not account for current retirement plan or IRS limits for contributions or distributions.Read 4 Oct 2026 · troweprice.com

Educational use

T. Rowe Price says the calculator is for general educational purposes and is not legal, tax, or investment advice; its results are hypothetical and not guaranteed.Read 4 Oct 2026 · troweprice.com

Hypothetical allocations

The tool offers conservative, moderate, and aggressive hypothetical allocations, defined respectively as 30/70, 60/40, and 90/10 equity/bonds.Read 3 Oct 2026 · troweprice.com

Important limitation

The methodology says the tool does not account for current retirement plan and IRS contribution or distribution limits.Read 3 Oct 2026 · troweprice.com

Inputs

Inputs include age, marital status, state of residence, income, retirement savings, savings amounts, and intended investment allocation.Read 4 Oct 2026 · troweprice.com

Intended audience

The tool is presented as a way for people to evaluate their retirement readiness and explore changes to their savings strategy.Read 4 Oct 2026 · troweprice.com

Login and saved information

Guests or logged-in clients can have known fields prefilled, and the tool can save profile and input information from a session for later use.Read 3 Oct 2026 · troweprice.com

Planning partner

Users can include a spouse or planning partner’s information for a more complete picture.Read 4 Oct 2026 · troweprice.com

Portfolio choices

The tool offers hypothetical conservative, moderate, and aggressive allocations, which it assumes are rebalanced annually.Read 4 Oct 2026 · troweprice.com

Projection method

The tool uses Monte Carlo analysis to generate 1,000 hypothetical market scenarios.Read 3 Oct 2026 · troweprice.com

Result limitations

The calculator’s projections are hypothetical, depend on user inputs and assumptions, and are not guarantees of future results.Read 3 Oct 2026 · troweprice.com

Scenario testing

Users can test different scenarios to see how changes may affect their likelihood of success.Read 4 Oct 2026 · troweprice.com

Simulation method

The calculator runs 1,000 hypothetical market scenarios using Monte Carlo analysis and reports a Confidence Score.Read 4 Oct 2026 · troweprice.com

Social Security

Unless users indicate they are ineligible, the tool estimates Social Security based on retirement age and current salary, assumes benefits begin at age 70, and increases them annually with 3% inflation.Read 4 Oct 2026 · troweprice.com

Tax modeling

The tool estimates federal and state taxes and uses tax assumptions that include a reversion to pre-TCJA rates for calculations extending beyond 2026.Read 4 Oct 2026 · troweprice.com

Where Specifiction places it

• Retirement Planning Software#26 of 266.7