Turbo Charge Your Retirement Savings

 

Saving for retirement often comes with a lot of uncertainty. It’s common to have questions like “How do I know if I’m saving enough?” and “Will I have enough to retire when I want?”  Now you can get answers through a new retirement calculator when you log into your P&A retirement account.  Learn how you can adjust your retirement savings to better prepare for the future.

 

Get a Retirement Score

Measure your retirement savings progress with a simple score. It only takes a few seconds to enter your information and get your score.

 

What else can I do with the retirement calculator?

  • Interactive calculator: Fine-tune your score and play with different scenarios.
  • Income projection: Get an estimate of your monthly income in retirement.
  • Peer comparison: See how you’re doing compared with others like you.

 

Adjust your retirement savings strategy

Use what you learn to quickly adjust your goals or change how much you’re saving.

 

Track your progress

Come back whenever you want to check your score and ensure you’re still on track.

 

Where do I find the new calculator?

To access the calculator, log in to your plan. On your account dashboard, you will see a new tile like the one below. Just enter your annual salary to get started.

 

How does it work?

The calculator starts with your current savings and paycheck contributions. It estimates how much you’ll have saved by the time you retire, converts that amount to monthly income, and then scores your projected income against your income goal. It even estimates how much you can expect to get from Social Security.

For more details about the calculations, follow the “How we got this number” link inside the calculator.  Click here to see what the maximum contribution amounts are for 2025.

 

Disclaimer

This calculator provides estimates only. It is not intended to replace the guidance of a qualified financial advisor. Calculations are based on your current information (including the information you enter) and a variety of assumptions about the future, such as investment performance and inflation.

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