Am I Funded?

Funded ratio calculator

Your retirement, priced on today's bonds

Four numbers in, one number out: your spending priced off today's interest rates after inflation, each year weighted by the odds of living to spend it, with your Social Security taken off the total.

More countries are coming. Each needs a government inflation-linked bond market to price against.
Already retired? Enter your current age: spending is priced from today either way.
What retirement costs per year, in today's money, after tax.
Everything you would draw on: investments, savings, super, 401(k), SIPP. Not the house you live in.
More detail optional
The odds of being alive each year come from your country's period life tables. Blended averages men and women.
A couple is priced while at least one of you is alive, with Social Security counted for each of you.
Leave blank and it is estimated for your country. Enter your own pension, not a couple's combined figure. A partner's side is estimated from your country's own rules.
Have a success score from another planner?
The chance your plan works, as a percentage. We'll set it beside what the same spending costs at today's prices.

Your numbers are used to compute the answer and then discarded. Nothing you enter in the calculator is stored on our servers, logged, or sent to anyone else. Your browser keeps a copy so the page can restore it when you come back, and you can clear it whenever you like.

What a funded ratio is

Your funded ratio is what you have, divided by what your retirement spending costs today. Above 100%, the plan is paid for at today's prices. Below it, the gap is what is still to find.

The cost is not a guess about markets. Each year of spending is priced on government bonds that rise with inflation, the way an actuary prices any promise of income, with your Social Security taken off first. So the ratio moves only when real interest rates move or your plan does.

A success score tells you how often a simulation worked out. A funded ratio tells you what your retirement costs today. The One Number That Matters explains why that is the number to watch.