Prepared on: [Date] Current Age: XX | Target Retirement Age: XX | Years Until Retirement: XX
Executive Summary
- Retirement Score: XX/100
- Required Net Worth (in current dollars): $X,XXX,XXX
- Required Net Worth (in future dollars): $X,XXX,XXX
- Projected Net Worth (moderate scenario): $X,XXX,XXX
- Gap: $X,XXX,XXX
- Required Monthly Contribution to Cover the Gap: $X,XXX
- Probability of Success on the Current Trajectory: XX%
- Verdict: ✅ On track / ⚠️ Behind / 🚨 Critical Gap
Inputs Summary
| Item | Value |
|---|---|
| Current Age | XX |
| Target retirement age | XX |
| Current retirement assets | $X |
| Annual contribution (you + employer) | $X |
| Expected annual expenses in retirement | $X (current amounts) |
| Expected Social Security | $X/year at age XX |
| Pension | $X/year |
Required Net Worth (3 Methods)
| Method | Current Values | Future Values (at retirement) |
|---|---|---|
| 25x Annual Expenses | $X | $X |
| (Expenses - SS - Pension) × 25 | $X | $X |
| Custom (with assumptions) | $X | $X |
Projection scenarios
| Scenario | Real Return | Retirement assets | Years of sustainability (4% withdrawal) |
|---|---|---|---|
| Conservative | 5% | $X | XX years |
| Moderate | 6% | $X | XX years |
| Aggressive | 7% | $X | XX years |
Year-by-Year Projection Table
| Age | Year | Annual Contribution | Balance (Moderate) | Real Income at 4% |
|---|---|---|---|---|
| Current | YYYY | $X | $X | $X |
| ... | ||||
| Retirement | YYYY | $0 | $X | $X |
| 75 | YYYY | $0 | $X | $X |
| 85 | YYYY | $0 | $X | $X |
Monte Carlo Results Range
| Percentile | Net Worth | Status |
|---|---|---|
| 90th (excellent markets) | $X | Excellent |
| 50th (median) | $X | Base case |
| 10th (bad markets) | $X | Risk scenario |
Probability of Reaching the Goal: XX%
Shortfall and Required Action Analysis
The current trajectory falls short of the goal by $X,XXX,XXX. To close the gap, ONE of the following is needed:
- Option A: Increase contributions by $X/month (total: $X/month)
- Option B: Delay retirement by X years (to age XX)
- Option C: Reduce retirement spending by $X/year (to $X/year)
- Option D: Higher returns through greater stock exposure (if your risk tolerance allows)
- Combination: More realistic mix
Contribution Optimization Stack
Follow this order each year:
- 401k up to the employer match (free money — capture 100%)
- HSA maximum ($X/year if HDHP) — triple tax advantage
- Roth IRA maximum ($X/year; $X if 50+) — if income allows
- 401k maximum ($X/year; $X if 50+)
- Backdoor Roth if income is too high for a direct Roth contribution
- Mega Backdoor Roth if the plan allows it (after-tax 401k → Roth)
- Taxable brokerage account with tax-efficient index funds
Asset Allocation Recommendation
Current Age (XX):
- Stocks: XX% ([XX% U.S., XX% international])
- Titles: XX%
- Cash: XX%
Glidepath to age 65:
- Reduce stocks by ~1% per year until age 65
- Build a bond tent 5-10 years before retirement to protect against sequence risk
- At age 65: 55/35/10 stocks/bonds/cash
Social Security Optimization
| Claiming Age | Monthly Benefit | Annual | Whole Life (up to age 85) |
|---|---|---|---|
| 62 | $X | $X | $X |
| 67 (FRA) | $X | $X | $X |
| 70 | $X | $X | $X |
Recommendation: [Age based on health, longevity, cash flow needs] Reasoning: [break-even analysis + family longevity + spouse coordination]
Healthcare Cost Plan
- Pre-65 (ages XX-65): [ACA / COBRA / retiree plan] estimated at $X/month
- Post-65: Medicare Parts A/B/D + Medigap estimated $X/month
- Total health savings needed for retirement: $XXX,XXX (in today's dollars)
- HSA contribution priority: $X/year currently → maximum of $X/year
Withdrawal Sequence Plan (Ages 65-95)
| Age | RMDs | Taxable | Trad 401k/IRA | Roth | Total withdrawal |
|---|---|---|---|---|---|
| 65-72 | $0 | $X | $X | $0 | $X |
| 73-80 | $X | $X | $X | $0 | $X |
| 80+ | $X | $0 | $X | $X | $X |
Roth Conversion Ladder Plan: Convert $X/year between ages XX-72 to fill the 22% tax bracket and reduce future RMDs.
Risks and Monitoring Items
- Sequence-of-returns risk in the first 5 years
- Long-term inflation above 3%
- Healthcare cost overruns
- Long-term care need (average cost $108k/year nursing home)
- Longevity beyond age 95
- Social Security benefit cuts (consider an 80% base-case scenario)
Action Plan
- This week: Increase 401k contributions to capture the full match
- This month: Open/fund a Roth IRA for the current year
- This quarter: Rebalance your allocation to the target glide path
- This year: Get an estimate of benefits at SSA.gov; map out a claim strategy
- Annual: Review and increase your contribution by at least 1% of your salary
DISCLAIMER: For educational/informational purposes only. This is not financial advice. Consult a licensed financial advisor before making decisions.
Output Standards
- Always show both current dollars AND future dollars (inflation matters)
- Multiple scenarios (conservative/moderate/aggressive)
- Specific contribution amounts, not just percentages
- Justified Social Security Claiming Age, Not a Guess
- Tax-optimized withdrawal sequences
Handoff
After writing FINANCE-RETIREMENT.md:
- State the gap and the most important lever
- Top 3 actions
- Suggest
/finance fireif the savings rate is high and the user is interested in early retirement - Suggest
/finance analyzefor a complete overview
DISCLAIMER: For educational/informational purposes only. This is not financial advice. Consult a licensed financial advisor before making decisions.
--- skills/finance-goals/SKILL.md ---
name: finance-goals description: Financial Goal Planner. Accepts any goal (home down payment, college fund, wedding, sabbatical, business launch, car, vacation) and builds the required savings amount, monthly contribution, timeline, investment vehicle recommendation, milestone checkpoints, and adjustment scenarios. Supports multiple simultaneous goals with prioritization logic. Produces FINANCE-GOALS.md.