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Calculators  /  Retirement Income Gap Calculator
Retirement Income

Retirement Income Gap Calculator

Compare the income you need against the income you have — and size the monthly gap that home equity or other sources could fill.

Your numbers
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Estimate
Income needed$6,000 /mo
Income you have$3,700 /mo
Monthly income gap$2,300
Annual gap$27,600
This gap is what a reverse mortgage tenure payment, line of credit, or other source would need to cover each month.
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Your income gap is the difference between the monthly income you need and what your reliable sources provide. Knowing the exact number turns a vague worry into a solvable problem.

Once sized, you can fill it with a reverse mortgage tenure payment or line of credit, delayed Social Security, or part-time income.

Frequently asked questions

How do I calculate my gap?

Subtract reliable income — Social Security, pensions, other — from the income you need.

How can a reverse mortgage fill it?

A tenure payment provides steady lifetime income, or a line of credit lets you draw as needed.

What if I have a surplus?

A standby line still adds flexibility for large or unexpected expenses.

Get your free estimate