Retirement Calculators & Planning Tools

Explore educational tools designed to help you visualize retirement income, required minimum distributions, Roth conversion considerations, Medicare IRMAA exposure and annuity accumulation scenarios.

Explore the Calculator Library

Choose a tool below. These calculators are educational estimates and are not tax, legal or investment advice.

Retirement Income Gap Calculator

Estimate the difference between your desired monthly retirement income and the dependable monthly income you already expect.

Desired monthly retirement income

Monthly Social Security

Monthly pension income

Other dependable monthly income

Enter your numbers to estimate your income gap.

Required Minimum Distribution Calculator

Estimate an annual RMD using the IRS Uniform Lifetime Table and your prior year-end account balance.

Age for the RMD year

Prior year-end qualified account balance

Enter your age and prior year-end balance.

This illustration uses the IRS Uniform Lifetime Table. Different tables can apply in certain spouse/beneficiary situations.

Roth Conversion Explorer

Estimate the immediate federal tax impact of a proposed Roth conversion using a marginal tax rate you choose.

Traditional IRA balance

Proposed Roth conversion

Estimated marginal federal tax rate (%)

Cash available outside IRA for tax

Enter a proposed conversion and estimated marginal rate.

Actual tax depends on your complete tax return, deductions, credits, state taxes and bracket interactions. Consult a tax professional before implementing a conversion.

2026 Medicare IRMAA Income Check

Check where an estimated modified adjusted gross income falls within 2026 Medicare Part B and Part D IRMAA brackets.

Tax filing status

Estimated MAGI used for 2026 Medicare premiums

Enter filing status and MAGI.

2026 Medicare premiums generally use income information from two years earlier. Life-changing-event appeals and special rules may apply.

Annuity Accumulation Comparison

Compare two hypothetical fixed accumulation scenarios. This is not a carrier quote or illustration.

Scenario A

Starting premium

Annual rate (%)

Scenario B

Starting premium

Annual rate (%)

Years to compare

Enter both scenarios and a time period.

Use the Numbers to Start a Better Conversation

Calculators can help identify questions worth exploring, but they cannot account for every tax rule, contract feature, income need, health consideration or family goal. Carolina Benefits Group can help you review the full picture.

Schedule a Complimentary Retirement Review