Small change, big savings

Select how many of each item you could give up to see how this could add up:

Click on an item above to see how much you could potentially add to your retirement savings by reducing your spending on luxury items.


Total savings


Based on investing this monthly amount into [INVESTMENT_CHOICE] fund and assuming [INVESTMENT_RETURN]% growth over a [YEARS_TO_RETIREMENT] year period.

What now?

Small changes to your everyday spending can have a positive impact. Now that you’ve discovered more ways to save, you can use that money as additional contributions to help you reach your retirement goals.

Your company may also contribute towards your retirement. Find out more by speaking with your HR department.

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Disclaimer and assumptions



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

Any contribution limits relating to a specific savings account are ignored. The calculator assumes all contributions can be saved without additional tax or fees.

Investment returns

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


The costs of the everyday items are estimates and do not necessarily represent the exact cost to you if you were to give up the item, at the specified frequency, as represented in the calculator.

The cost of each everyday item shown in the calculator is assumed to remain the same for the duration of the savings period. The effects of inflation on the cost of the item are ignored meaning the increase in savings is shown in today’s terms.

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.

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.