RETIREMENT

PLANNER
The Retirement Planner helps you to determine just how much you'll need to maintain your desired retirement lifestyle and
whether you are on track to achieve it.

Your Current Situation

Employer-Sponsored Plan
Workplace Retirement Plan Account Balance
Monthly Plan Contributions

ABOUT YOU
YOU
$0

Albert Boyce
Your Current Age
18

15%
Your Planned Retirement Age

Your Retirement

65
Your Current Gross
Annual Salary

Retirement Income Goal

Monthly Gross Retirement Income Goal

100%

$350,000

Additional Savings & Income

Additional Retirement Savings Account Balances
Additional Monthly Savings

$125,000
$25,000

KEY ASSUMPTIONS
Salary Growth Rate

Additional Sources of Income

Social Security Benefit Start Age

2%
65

Inflation Rate
3%
Life Expectancy
85
Pre-Retirement
Investment Style
Aggressive
9.1% Rate of Return
Post-Retirement
Investment Style
Aggressive
12% Rate of Return

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Your Current Progress

Based on the information you entered, you may be on track to meeting your retirement income goal.
This chart shows your gross monthly retirement income goal and your projected monthly spending ability over the course of your
retirement.
$14,583
EXTRA

Goal
$29,166

$43,749
PROJECTED

These hypothetical results are based on your inputs and assumptions. These results are not guaranteed nor do they reflect the actual
performance of any investment. See the Methodologies and Assumptions "About the Charts" section for additional important
information.

Tips to Stay on Track

Review Your Investment Approach
Now is a good time to learn about different investment approaches - especially how to consolidate your savings and turn it into
retirement income.
Create an Emergency Fund
Financial experts recommend keeping 3 to 6 months worth of living expenses on hand for emergencies.
Balance at Retirement $210,598,877

Calculated Assets
$2,420,092,400

RETIREMENT BALANCE

$2,200,084,000
$1,980,075,600
$1,760,067,200
$1,540,058,800
$1,320,050,400
$1,100,042,000
$880,033,600
$660,025,200
$440,016,800
$220,008,400
$0

19

24

29

34

39

44

49

54

59

64

69

74

79

84

AGE

These hypothetical results are based on your inputs and assumptions. These results are not guaranteed nor do they reflect the actual
performance of any investment. See the Methodologies and Assumptions "About the Charts" section for additional important
information.

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Retirement Income Sources

$261,140,000
$237,400,000
$213,660,000

INCOME

$189,920,000
$166,180,000
$142,440,000
$118,700,000
$94,960,000
$71,220,000
$47,480,000
$23,740,000
$0

65

70

75

80

85

AGE

SHORTFALL

WITHDRAWALS

INVESTMENTS

SOCIAL SECURITY

PENSION & OTHER INCOME

These hypothetical results are based on your inputs and assumptions. These results are not guaranteed nor do they reflect the actual
performance of any investment. See the Methodologies and Assumptions "About the Charts" section for additional important
information.

Retirement Income Sources Table

Pension
&
Shortfall Withdrawal
Other
Income

Age

Beginning
Balance

Retirement
Contributions

Retirement
Income
Goal

Investment
Income

Social
Security

19

$125,000

$318,540

$0

$27,521

$0

$0

$0

$0

$471,061

20

$471,061

$319,096

$0

$59,041

$0

$0

$0

$0

$849,198

21

$849,198

$319,669

$0

$93,480

$0

$0

$0

$0

$1,262,348

22

$1,262,348

$320,259

$0

$131,107

$0

$0

$0

$0

$1,713,714

23

$1,713,714

$320,866

$0

$172,212

$0

$0

$0

$0

$2,206,794

24

$2,206,794

$321,492

$0

$217,114

$0

$0

$0

$0

$2,745,401

25

$2,745,401

$322,137

$0

$266,160

$0

$0

$0

$0

$3,333,699

26

$3,333,699

$322,801

$0

$319,728

$0

$0

$0

$0

$3,976,230

27

$3,976,230

$323,485

$0

$378,233

$0

$0

$0

$0

$4,677,949

28

$4,677,949

$324,190

$0

$442,126

$0

$0

$0

$0

$5,444,266

29

$5,444,266

$324,916

$0

$511,897

$0

$0

$0

$0

$6,281,080

30

$6,281,080

$325,663

$0

$588,085

$0

$0

$0

$0

$7,194,830

31

$7,194,830

$326,433

$0

$671,276

$0

$0

$0

$0

$8,192,539

32

$8,192,539

$327,226

$0

$762,107

$0

$0

$0

$0

$9,281,874

33

$9,281,874

$328,043

$0

$861,278

$0

$0

$0

$0

$10,471,196

34

$10,471,196

$328,884

$0

$969,549

$0

$0

$0

$0

$11,769,630

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Ending
Balance

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35

$11,769,630

$329,751

$0

$1,087,750

$0

$0

$0

$0

$13,187,132

36

$13,187,132

$330,643

$0

$1,216,788

$0

$0

$0

$0

$14,734,565

37

$14,734,565

$331,563

$0

$1,357,651

$0

$0

$0

$0

$16,423,780

38

$16,423,780

$332,510

$0

$1,511,418

$0

$0

$0

$0

$18,267,708

39

$18,267,708

$333,485

$0

$1,679,265

$0

$0

$0

$0

$20,280,459

40

$20,280,459

$334,489

$0

$1,862,476

$0

$0

$0

$0

$22,477,426

41

$22,477,426

$335,524

$0

$2,062,453

$0

$0

$0

$0

$24,875,403

42

$24,875,403

$336,590

$0

$2,280,723

$0

$0

$0

$0

$27,492,717

43

$27,492,717

$337,688

$0

$2,518,954

$0

$0

$0

$0

$30,349,359

44

$30,349,359

$338,818

$0

$2,778,965

$0

$0

$0

$0

$33,467,143

45

$33,467,143

$339,983

$0

$3,062,743

$0

$0

$0

$0

$36,869,870

46

$36,869,870

$341,182

$0

$3,372,452

$0

$0

$0

$0

$40,583,505

47

$40,583,505

$342,418

$0

$3,710,455

$0

$0

$0

$0

$44,636,379

48

$44,636,379

$343,690

$0

$4,079,331

$0

$0

$0

$0

$49,059,401

49

$49,059,401

$345,001

$0

$4,481,893

$0

$0

$0

$0

$53,886,296

50

$53,886,296

$361,801

$0

$4,921,992

$0

$0

$0

$0

$59,170,090

51

$59,170,090

$363,656

$0

$5,402,911

$0

$0

$0

$0

$64,936,657

52

$64,936,657

$365,565

$0

$5,927,765

$0

$0

$0

$0

$71,229,989

53

$71,229,989

$367,532

$0

$6,500,558

$0

$0

$0

$0

$78,098,081

54

$78,098,081

$369,558

$0

$7,125,657

$0

$0

$0

$0

$85,593,297

55

$85,593,297

$371,645

$0

$7,807,828

$0

$0

$0

$0

$93,772,771

56

$93,772,771

$373,794

$0

$8,552,269

$0

$0

$0

$0

$102,698,835

57

$102,698,835

$376,008

$0

$9,364,653

$0

$0

$0

$0

$112,439,497

58

$112,439,497

$378,288

$0

$10,251,169

$0

$0

$0

$0

$123,068,955

59

$123,068,955

$380,637

$0

$11,218,568

$0

$0

$0

$0

$134,668,161

60

$134,668,161

$383,056

$0

$12,274,219

$0

$0

$0

$0

$147,325,437

61

$147,325,437

$385,548

$0

$13,426,157

$0

$0

$0

$0

$161,137,144

62

$161,137,144

$388,114

$0

$14,683,153

$0

$0

$0

$0

$176,208,412

63

$176,208,412

$390,758

$0

$16,054,772

$0

$0

$0

$0

$192,653,942

64

$192,653,942

$393,481

$0

$17,551,453

$0

$0

$0

$0

$210,598,877

65

$210,598,877

$0

$870,313

$25,271,865

$113,626

$0

$0

$756,687

$235,114,055

66

$235,114,055

$0

$896,423

$28,213,686

$117,035

$0

$0

$779,388

$262,548,353

67

$262,548,353

$0

$923,316

$31,505,802

$120,546

$0

$0

$802,770

$293,251,386

68

$293,251,386

$0

$951,015

$35,190,166

$124,162

$0

$0

$826,853

$327,614,699

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69

$327,614,699

$0

$979,546

$39,313,763

$127,887

$0

$0

$851,658

$366,076,804

70

$366,076,804

$0

$1,008,932

$43,929,216

$131,723

$0

$0

$877,208

$409,128,812

71

$409,128,812

$0

$1,039,200

$49,095,457

$135,675

$0

$0

$903,524

$457,320,745

72

$457,320,745

$0

$1,070,376

$54,878,489

$139,745

$0

$0

$930,630

$511,268,604

73

$511,268,604

$0

$1,102,487

$61,352,232

$143,938

$0

$0

$958,549

$571,662,287

74

$571,662,287

$0

$1,135,562

$68,599,474

$148,256

$0

$0

$987,305

$639,274,456

75

$639,274,456

$0

$1,169,629

$76,712,934

$152,704

$0

$0

$1,016,925

$714,970,465

76

$714,970,465

$0

$1,204,718

$85,796,455

$157,285

$0

$0

$1,047,432

$799,719,488

77

$799,719,488

$0

$1,240,859

$95,966,338

$162,003

$0

$0

$1,078,855

$894,606,971

78

$894,606,971

$0

$1,278,085

$107,352,836

$166,863

$0

$0

$1,111,221 $1,000,848,586

79

$1,000,848,586

$0

$1,316,427

$120,101,830

$171,869

$0

$0

$1,144,558 $1,119,805,859

80

$1,119,805,859

$0

$1,355,920

$134,376,703

$177,025

$0

$0

$1,178,894 $1,253,003,667

81

$1,253,003,667

$0

$1,396,598

$150,360,440

$182,336

$0

$0

$1,214,261 $1,402,149,845

82

$1,402,149,845

$0

$1,438,496

$168,257,981

$187,806

$0

$0

$1,250,689 $1,569,157,137

83

$1,569,157,137

$0

$1,481,651

$188,298,856

$193,441

$0

$0

$1,288,210 $1,756,167,784

84

$1,756,167,784

$0

$1,526,100

$210,740,134

$199,244

$0

$0

$1,326,856 $1,965,581,061

85

$1,965,581,061

$0

$1,571,883

$235,869,727

$205,221

$0

$0

$1,366,662 $2,200,084,126

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Methodology and Assumptions

LIMITATIONS OF THE METHODOLOGY
This educational tool performs a general, year-by-year cash flow analysis of your potential retirement financial situation based on
the limited information you provide. The tool also allows you to explore how different variables such as your savings rate, salary
growth rate, life expectancy, hypothetical investment returns, or inflation may impact your retirement outlook. This tool's
methodology does not consider income taxes, nor any other taxes retirement account withdrawals may be subject to, including the
IRS 10% additional tax that may apply to withdrawals made before age 59. The tool does not take into account minimum
withdrawals you may be required to take from certain retirement savings plans.
You chose the Pre- and Post-Retirement Rates of Return values for this hypothetical analysis on the Investment Style and
Strategies page. These rates of return are neither guaranteed nor projected and are not intended to represent the future
performance of any actual financial product. You should contact a qualified professional for specific and individualized legal, tax, or
financial planning assistance.

INVESTMENT RETURNS
The investment returns used in this tool are hypothetical and for illustrative purposes only. There is no guarantee that future
performance will match the returns shown here. Investment fees and other costs of investing will reduce your returns.

CURRENT PLAN BALANCE AND OTHER RETIREMENT ASSETS

The Current Plan Balance is assumed to be the balance of your active workplace savings plans (e.g., 403(b) and 401(k) plans), if
you have any. The amount you enter here is grown each year by the applicable Pre- and Post-Retirement Rates of Return you
enter in the Assumptions and What-Ifs page.
Other Retirement Assets allows you to include other financial assets available to help fund your retirement. This may include
taxable investment accounts, IRAs, and assets you still hold in other employer-sponsored plans. You may enter the total of all
these investments/accounts at the summary level, or you may enter more specific details by clicking the worksheet icon. Since the
tool's methodology does not consider taxes, there is no material difference to the analysis whether you choose to enter this
information at the summary level or at the detail level.

SOCIAL SECURITY INCOME

The tool provides two options for including Social Security income.
1. You may elect the tool's estimate. This is calculated based on the Current Gross Annual Salary you enter on the

Retirement Savings page. The calculation closely follows the U.S. Social Security Administration's "ANYPIA" calculator
(Current Dollars method). If you include a spouse in the analysis and enter a Current Gross Annual Salary for
him/her, the calculation will appropriately determine the maximum applicable benefit (i.e., spousal or individual
benefit).
A more reliable estimate of benefits would require your complete pay history. When you prepare to retire, be sure
you know what your Social Security benefits will be. The U.S. Social Security Administration has a website that you
can visit for complete information about Social Security or to download a Social Security income calculator. It's web
address is www.ssa.gov/planners/benefitcalculators.htm.
2. You may elect to enter your own dollar estimate (e.g., an annual benefit estimate from the U.S. Social Security

Administration). This is assumed to be a Current Dollars amount.

Note that the tool's methodology grows this amount throughout the pre- and post-retirement periods at the Inflation
Rate you elect in the Modify Assumptions tab on the Results page, so the Social Security amounts appearing in the
Retirement Income chart and the Balances by Year table (found only in the printed report) may be greater than the
amount you enter, as they are measured in future (i.e., inflated) dollars.

ASSUMPTIONS
The first year analyzed is next year. The data you input is treated as year-end data from the current year. Earned income is assumed
to be your gross (pre-tax) income.
Retirement income projections are also gross (pre-tax) amounts.
Investment income on contributions to your (and your spouse's) retirement savings are compounded monthly.
Your retirement income is projected as if you would choose to meet 100% of your goal every year until your assets are used up.
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Rate of Return is not adjusted for taxes.
In each year of retirement, any surplus or deficit in income is applied to your net retirement savings and is grown at the PostRetirement Rate of Return.
Social Security payments are assumed to increase annually at the specified rate of inflation, as are retirement expenses. Pension
benefits are only assumed to increase if specified in the assumptions. No annual increases are assumed for other sources of postretirement income.

About the Charts

RETIREMENT INCOME SOURCES
This graph illustrates how your income sources and assets may fund your expenses throughout retirement and shows whether
you may experience a shortfall. The graph begins with your assumed year of retirement and ends at your assumed life expectancy.
The top of each bar represents your income goal for the year, adjusted for inflation, and the colored portions of the bar indicate
specific income sources for the year and/or a shortfall. The chart changes dynamically as you make changes, this enables you to
explore strategies to "get the red out" and improve your hypothetical retirement outlook.

CALCULATED ASSETS
This chart shows the growth and depletion of your retirement assets over time. The graph begins in the current year and ends at
your assumed life expectancy. During the pre-retirement period, your assets grow based on your current contributions and the PreRetirement Rate of Return value you enter on the Investment Returns page. Typically, the value of your assets will trend down
during the retirement period as withdrawals required to cover income needs may exceed asset growth based on the PostRetirement Rate of Return value you enter on the Investment Returns page. If you have a shortfall, your retirement savings will drop
to $0 prior to your life expectancy. A more positive outlook will show assets remaining at the end of your assumed retirement
lifetime.
Note: If your spouse is included in the analysis, the start and end of the retirement period is determined by your assumed
retirement age and life expectancy. However, the charts will reflect "household" totals for income sources, withdrawals, shortfall (if
any), and retirement assets, so incorporate any relevant data entered for your spouse.
This educational tool performs a general analysis of your potential retirement financial situation based on limited information you
provide. These results should not be the sole basis for your financial decisions and are not intended to serve as investment advice.
This tool provides a hypothetical illustration for informational purposes only. The methodology does not consider federal, state/local
income or other taxes retirement account savings or withdrawals may be subject to, including the IRS 10% tax penalty that may
apply to premature withdrawals. The tool does not take into account minimum withdrawals you may be required to take from certain
retirement savings plans. The tool also does not evaluate any proposed contribution amounts you enter for compliance with IRS or
employer maximum contribution limits.
This illustration is not intended to reflect the actual performance of any investment vehicle and does not include any investment fees
or expenses. Rate of Return values for this hypothetical analysis are neither guaranteed nor projected and are not intended to
represent the future performance of any actual financial product. All investments involve risk, including possible loss of principal.
Lincoln Financial Group affiliates, their distributors, and their respective employees, representatives, and/or insurance agents do not
provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be
used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Please consult your own independent advisor as to any tax,
accounting, or legal statements made herein.

Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker-dealer and registered
investment advisor. Lincoln Financial Distributors, Inc., a broker-dealer, is the wholesale distribution organization of Lincoln Financial
Group. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates.

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