State-registered investment adviser · Ohio and California

Full illustration

More inputs, still a hypothetical model. Taxes, Social Security, healthcare, and market paths are estimates. This is not a recommendation.

Back to the simple check

01HouseholdShow

Filing statusStateState planning rate%Flat rate on income the state still taxes. An estimate, not a tax opinion.

Your ageAge to illustratePlan through ageLongevity is a model choice. 95 is common. It is not a prediction.Spouse ageSpouse age to illustrateSpouse plan-through age

02Earnings and savingShow

Your wages$Your raise%Your pre-tax 401(k)$2026 employee cap is $24,500, plus $8,000 at 50 and $11,250 at 60–63. The model caps contributions.Your Roth 401(k)$Match rate%50% means a half match.Match up to%Percent of pay.Your traditional IRA$Your Roth IRA$Spouse wages$Spouse raise%Spouse pre-tax 401(k)$Spouse Roth 401(k)$Spouse match rate%Spouse match up to%Spouse traditional IRA$Spouse Roth IRA$HSA contribution$2026: $4,400 self / $8,750 family, plus $1,000 at 55.

Taxable savings / year$

SECURE 2.0 can send the age-50 catch-up to Roth once wages clear the indexed threshold.

03What you already haveShow

Cash$Earns the cash yield. Spent before investments in the model.Taxable brokerage$Cost basis of taxable%Share of the account that is not a gain.Pre-tax 401(k) and IRA$Roth$HSA balance$

04Retirement lifestyleShow

Essential spending$Today's dollars, per year. Leave housing out if you enter it below.Discretionary spending$Spending pathWhen spending startsAmount left at the end$Today's dollars. What the model should still hold at the planning age.Mortgage payment / year$Not inflated. Added only after the illustrated retirement age.Years of mortgage leftHousing that continues$Tax, insurance, maintenance. Today's dollars.Other income / year$Other income from your ageOther income through age

Bridge work / year$Part-time pay in today's dollars.Bridge from ageBridge through ageSpouse bridge work$Spouse bridge fromSpouse bridge through

05Social Security and pensionsShow

Your benefit at full retirement age$Annual amount in today's dollars. Not the age-62 benefit.

Claim age in the model62 to 70. Full retirement age is 67 if born in 1960 or later. The model does not tell you when to claim.Pension / year$Today's dollars at the start date.Pension starts atPension COLA%Survivor continues%Spouse benefit at full retirement age$

Spouse claim ageSpouse pension / year$Spouse pension startsSpouse pension COLA%Spouse survivor share%Social Security COLA%A model assumption. The actual COLA is set each year.

06Healthcare and longevityShow

Pre-Medicare premium$Annual, today's dollars, from the illustrated age until 65.Medigap, Part D, and out-of-pocket$Part B and IRMAA are calculated. This is everything else.Spouse pre-Medicare premium$Spouse Medigap and out-of-pocket$Healthcare inflation%

Long-term care / year$Today's dollars, one household episode. Not a care recommendation.Care starts at your ageYears of care

07Portfolio and inflationShow

Stocks 70%Allocation of invested accounts in the model. Cash entered above is separate.Bonds 25% · cash-like sleeve 5%Stock return%Arithmetic average, before fees. The planning path uses the geometric return. Not a forecast.Bond return%Cash yield%Fund expense drag%Investment-product expense in the model. It is not the firm's advisory fee.Stock volatility%Bond volatility%Stock/bond correlation%Inflation%Also grows tax brackets and the standard deduction in the model.Wage index%Used for the Social Security wage base and the earnings test.Monte Carlo pathsMore paths, steadier model probability, slower update.Model success barShare of market paths that must fund the illustration. Not a probability of your outcome.

08How the model takes withdrawalsShow

Strategy in the modelFill up through this bracket

Applied to the combined pre-tax pool. IRAs do not actually get this exception.

A current-employer plan can wait. An IRA cannot. This model uses one pool.

Geometric planning return 3.4% real, 6.0% nominal, volatility 11.5%. These are model inputs, not expected or guaranteed returns. Hypothetical results do not represent any client account.

Hypothetical illustration

Updating

On these assumptions, the planning path is funded

If the illustrated retirement starts at 65 and 65, the spending entered would require $1,515,810 in today's dollars ($2,674,814 in future dollars on this path). The model arrives with $2,746,023, 1.81× that illustrated capital. On this path the balance lasts through age 95. These figures are not a promise of what you will have.

Illustrated nest egg: $2.75M
Illustrated capital: $1.52M
First-year model draw: 3.1%
Model paths that last: …

Path through age 95

Solid line is the geometric planning path. The band is the 10th to 90th percentile of the Monte Carlo. Median is dashed.

What changes the illustration

Earliest planning-path age: 60
Work years still add savings and shorten the draw. Spouse retirement shifts by the same number of years.
No extra annual savings in this illustration
Today's dollars, grown with the raise assumption, added to the taxable account while working. This is a model lever, not an instruction to save.
This path can illustrate spending up to about $147,150
Essential plus discretionary, today's dollars. Healthcare, housing, and taxes sit on top of that.

What moves the answer

Change	Path	Nest egg today	Breaks
This plan	Holds	$2.75M	—
Returns 1% lower	Holds	$2.43M	—
Inflation 1% higher	Holds	$2.20M	—
Spend 10% more	Holds	$2.75M	—
Spend 10% less	Holds	$2.75M	—
Claim Social Security at 62	Holds	$2.75M	—
Claim Social Security at 70	Holds	$2.75M	—
Retire 2 years sooner	Holds	$2.46M	—
Retire 2 years later	Holds	$3.02M	—

Social Security claiming

Lifetime benefits in today's dollars through the planning age, before tax and before the survivor gets the higher check. Full retirement age benefit is what you entered.

You

Age	Monthly	Lifetime	Vs 62
62	$1,960	$800k	—
67	$2,800	$974k	76
70	$3,472	$1.08M	78

Spouse

Age	Monthly	Lifetime	Vs 62
62	$1,330	$543k	—
67	$1,900	$661k	76
70	$2,356	$735k	78

IRMAA shows up in the projection

About 6 years price Medicare above the standard Part B premium. IRMAA looks back two years, so a Roth conversion or a large traditional withdrawal follows you. The brackets in force for 2026 start at $109,000 single and $218,000 joint MAGI.

The survivor files single

After the first death the model switches from joint brackets to single ones, keeps the larger Social Security check, and continues a pension only at the survivor percentage (50% of yours, 50% of your spouse's). That is the widow's tax penalty, and it is easy to miss in a joint-only spreadsheet.

What this is not

Hypothetical educational model anchored to 2026 federal law, then indexed with the inflation assumption. It is not a forecast and not a personal recommendation. NIIT and Social Security tax thresholds are not indexed, so more of the benefit becomes taxable over time. WEP and GPO were repealed and are not applied. State tax is a flat planning rate, not a bracket table. Liska Investments LLC does not custody client assets.

Year ledger

Age	Phase	Need	SS + pension	Tax	Draw	Pre-tax	Portfolio
42	working	$0	$0	$34k	$0	$287k	$495k
43	working	$0	$0	$35k	$0	$338k	$579k
44	working	$0	$0	$36k	$0	$393k	$669k
45	working	$0	$0	$38k	$0	$452k	$767k
46	working	$0	$0	$39k	$0	$516k	$872k
47	working	$0	$0	$40k	$0	$585k	$985k
48	working	$0	$0	$42k	$0	$659k	$1.11M
49	working	$0	$0	$43k	$0	$738k	$1.24M
50	working	$0	$0	$45k	$0	$824k	$1.38M
51	working	$0	$0	$46k	$0	$915k	$1.53M
52	working	$0	$0	$48k	$0	$1.01M	$1.69M
53	working	$0	$0	$49k	$0	$1.12M	$1.87M
54	working	$0	$0	$51k	$0	$1.23M	$2.05M
55	working	$0	$0	$53k	$0	$1.35M	$2.25M
56	working	$0	$0	$55k	$0	$1.49M	$2.47M
57	working	$0	$0	$57k	$0	$1.62M	$2.69M
58	working	$0	$0	$59k	$0	$1.77M	$2.94M
59	working	$0	$0	$61k	$0	$1.93M	$3.20M
60	working	$0	$0	$63k	$0	$2.10M	$3.48M
61	working	$0	$0	$65k	$0	$2.29M	$3.78M
62	working	$0	$0	$68k	$0	$2.48M	$4.10M
63	working	$0	$0	$70k	$0	$2.69M	$4.45M
64	working	$0	$0	$72k	$0	$2.92M	$4.81M
65	partial	$193k	$0	$86k	$150k	$2.81M	$4.98M
66	partial	$198k	$0	$93k	$159k	$2.70M	$5.14M
67	retired	$229k	$62k	$1,309	$168k	$2.86M	$5.27M
68	retired	$235k	$64k	$1,319	$173k	$3.03M	$5.40M
69	retired	$234k	$110k	$712	$125k	$3.21M	$5.59M
70	retired	$241k	$113k	$712	$129k	$3.40M	$5.78M
71	retired	$249k	$115k	$709	$134k	$3.60M	$5.99M
72	retired	$256k	$118k	$700	$138k	$3.81M	$6.20M
73	retired	$264k	$121k	$687	$143k	$4.04M	$6.41M
74	retired	$271k	$124k	$669	$148k	$4.28M	$6.64M
75	retired	$265k	$127k	$29k	$166k	$4.35M	$6.85M
76	retired	$273k	$131k	$31k	$173k	$4.42M	$7.08M
77	retired	$281k	$134k	$32k	$180k	$4.48M	$7.30M
78	retired	$290k	$137k	$35k	$187k	$4.53M	$7.53M
79	retired	$299k	$141k	$37k	$195k	$4.57M	$7.77M
80	retired	$308k	$144k	$40k	$204k	$4.60M	$8.02M
81	retired	$317k	$148k	$43k	$212k	$4.63M	$8.27M
82	retired	$327k	$151k	$46k	$222k	$4.64M	$8.52M
83	retired	$337k	$155k	$49k	$231k	$4.63M	$8.79M
84	retired	$348k	$159k	$52k	$241k	$4.62M	$9.05M
85	retired	$352k	$163k	$56k	$245k	$4.59M	$9.33M
86	retired	$363k	$167k	$59k	$255k	$4.54M	$9.61M
87	retired	$375k	$171k	$62k	$266k	$4.48M	$9.90M
88	retired	$387k	$176k	$65k	$277k	$4.40M	$10.2M
89	retired	$399k	$180k	$69k	$288k	$4.30M	$10.5M
90	retired	$412k	$185k	$72k	$300k	$4.18M	$10.8M
91	retired	$425k	$189k	$75k	$311k	$4.05M	$11.1M
92	retired	$439k	$194k	$78k	$323k	$3.89M	$11.4M
93	retired	$453k	$199k	$81k	$335k	$3.71M	$11.7M
94	retired	$468k	$204k	$83k	$347k	$3.52M	$12.1M
95	retired	$483k	$209k	$84k	$358k	$3.31M	$12.4M
96	retired	$451k	$127k	$108k	$431k	$3.09M	$12.7M
97	retired	$465k	$131k	$109k	$444k	$2.85M	$13.0M