What does this mean for me?
The financial longevity calculator determines what year of your life your financial wealth will equal zero, based on your projected future income as well as consumption and savings patterns. If you expect to live to a certain age, you will want to make sure your wealth also lives that long.
If the estimates on the chart don’t last as long as you’d like, there’s still time to make behavioral changes. For example, see how making one small change in savings now affects your financial longevity over time. In addition, the chart also shows the amount of funds you are able to bequeath to your heirs at different ages of your life.
