Debt Calculator

Cost of Delay Calculator

Saving for retirement
is a need that's often
overlooked...
retirement
See how much
delaying may
cost you!

GO

How much could your cost of delay be?

?
 
 
?

join today

XXX,XXX
Contributions

Employer:XX,XXX

You:XX,XXX

?

join in 10 yrs

XXX,XXX,XXX

No delay

XXX,XXX,XXX

Never

Oops!
Contributions

Employer:XX,XXX

You:XX,XXX

same speed
catch up

Cost

$
XX
/mth

You'd miss out on

XX,XXX

at retirement

You'd need to contribute an extra

XXX
/mth

to catch up

No delay

By never joining you may miss out on

account balance

XXX,XXX

incl employer contributions of

XXX,XXX

Cost

$
XXX
/mth

Join today

You pay
Employer pays

Delay

You pay
Employer pays

Cost per month

Extra cost:

You've run out of time to contribute!

Retirement account

Miss out on:
  Join today Join in x years
Year You pay Account balance You pay Account balance
 
 

How can we help you?

Don't delay, start saving today!

If you’re not enrolled in your plan yet you are potentially missing out when you come to retire. When you join, not only do you contribute each month, but your employer may also contribute. The longer you and your employer contribute to your retirement savings, the more you’ll potentially have through your retirement years.

  • Speak to your HR department to find out how you can join today.

  • Go to www.LincolnFinancial.com/Retirement to find out more on how saving today may lead to more confident outcomes tomorrow.

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Disclaimer & Assumptions

Disclaimer

The results shown by the calculator are for illustrative purposes only and do not guarantee any future outcome. The calculator makes certain assumptions about how interest is calculated.

Any choices you make or data that you enter while using the calculator are erased once you have finished using the calculator. However, you have a responsibility to ensure that you exit the website when you are finished with the calculator, especially if you leave your computer for any length of time.

The calculator should be used in conjunction with other available communications and not as the sole source of information when making decisions about your personal finances.

You may wish to seek independent financial advice before making any personal finance decisions.

Assumptions

Contributions

Savings are assumed to be added as regular, after-tax monthly contributions into a savings account.

Investment returns

Investment returns are assumed to be consistent for the duration of the savings period.

Retirement age

When calculating how much extra you could save, it is assumed you choose to retire at age 67.

This educational tool performs a general analysis of your potential savings 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.

In assessing the adequacy of an estimated income stream to their individual situations, plan participants, beneficiaries, or IRA owners should consider their other assets, income, and investments (e.g., equity in a home, Social Security benefits, individual retirement plan investments, savings accounts, and interests in other qualified and non-qualified plans) in addition to their interests in the plan, to the extent those items are not taken into account in the model or estimate.

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.

This material is provided by The Lincoln National Life Insurance Company, Fort Wayne, IN, and, in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY and their applicable affiliates (collectively referred to as “Lincoln”). This material is intended for general use with the public. Lincoln does not provide investment advice, and this material is not intended to provide investment advice. Lincoln has financial interests that are served by the sale of Lincoln programs, products and services.

Any output is based on the information and assumptions that you provided and/or that your financial professional discussed, and does not reflect any suggestion or recommendation by Lincoln for you or your investment situation.

Lincoln Financial Group® affiliates, their distributors, and their respective employees, representatives, and/or insurance agents do not provide tax, accounting, or legal advice. Please consult your ow n independent advisor as to any tax, accounting, or legal statements made herein. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates.

LCN-5779394-062823

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Cost of Delay Calculator

Based on:
Age
Retirement Age
Salary
You contribute
Your employer contributes
Investment approach
  Join today Delay for years Miss out on Extra cost
Retirement fund
Cost per month
lincoln/1.0.3r0

Disclaimer & Assumptions

Disclaimer

The results shown by the calculator are for illustrative purposes only and do not guarantee any future outcome. The calculator makes certain assumptions about how interest is calculated.

Any choices you make or data that you enter while using the calculator are erased once you have finished using the calculator. However, you have a responsibility to ensure that you exit the website when you are finished with the calculator, especially if you leave your computer for any length of time.

The calculator should be used in conjunction with other available communications and not as the sole source of information when making decisions about your personal finances.

You may wish to seek independent financial advice before making any personal finance decisions.

Assumptions

Contributions

Savings are assumed to be added as regular, after-tax monthly contributions into a savings account.

Investment returns

Investment returns are assumed to be consistent for the duration of the savings period.

Retirement age

When calculating how much extra you could save, it is assumed you choose to retire at age 67.

This educational tool performs a general analysis of your potential savings 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.

In assessing the adequacy of an estimated income stream to their individual situations, plan participants, beneficiaries, or IRA owners should consider their other assets, income, and investments (e.g., equity in a home, Social Security benefits, individual retirement plan investments, savings accounts, and interests in other qualified and non-qualified plans) in addition to their interests in the plan, to the extent those items are not taken into account in the model or estimate.

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.

This material is provided by The Lincoln National Life Insurance Company, Fort Wayne, IN, and, in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY and their applicable affiliates (collectively referred to as “Lincoln”). This material is intended for general use with the public. Lincoln does not provide investment advice, and this material is not intended to provide investment advice. Lincoln has financial interests that are served by the sale of Lincoln programs, products and services.

Any output is based on the information and assumptions that you provided and/or that your financial professional discussed, and does not reflect any suggestion or recommendation by Lincoln for you or your investment situation.

Lincoln Financial Group® affiliates, their distributors, and their respective employees, representatives, and/or insurance agents do not provide tax, accounting, or legal advice. Please consult your ow n independent advisor as to any tax, accounting, or legal statements made herein. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates.

LCN-5779394-062823

lincoln/1.0.3r0