Are you married or single?

Your age now

Age you want to retire

Spouse’s age now

Spouse’s retirement age

What you want to spend each month Everything you want. The bills, the trips, the time with the grandkids.

Social Security each month Your best estimate. Add both spouses if married.

Pension each month, if you have one Leave blank if none.

Sources

Internal Revenue Service, rules on required minimum distributions, the SECURE Act, and taxation of retirement income. irs.gov
Social Security Administration, benefit rules and taxation of Social Security. ssa.gov
BlackRock, research on guaranteed income and retirement spending.
Illustrative guaranteed-income figures are current carrier estimates, are hypothetical, and depend on your age, your contract, and the carrier at the time of purchase.

KJ Financial is a compliance-first firm. All educational content on this page reflects current law and research as of 2026 and is subject to change. Kurt H. Jackson is Life and Health Insurance Licensed in MO, NE, KS, IA, and FL, and is not a securities broker, registered investment advisor, or CPA. Nothing on this page constitutes personalized tax, legal, or investment advice. Any figures shown are illustrative estimates only and are not a guarantee of future results. Guaranteed income strategies involve real costs and require careful planning based on your individual circumstances.