Data provided represent inputs into the Morningstar advice engine on your behalf. If you recently used Retirement Advisor online or had an advice session with a consultant, estimated retirement income will appear in the tool or in reports sent to you and are not replaced with this information. Assumes a 70% probability of success. A lower probability of success is associated with better (and less likely) estimated income. You can also model different outcomes by going to TIAA.org/retirementadvisor (online Retirement Advisor tool).
IMPORTANT: Projections and other information generated through the Ibbotson tool
regarding the likelihood of various investment outcomes are hypothetical, do not reflect
actual investment results and are not a guarantee of future results. The projections are
dependent in part of subjective assumptions, including the rate of inflation and the
rate of return for different asset classes. These rates are difficult to accurately
predict. The projections also rely on financial and economic historical assumptions that
may not reoccur in the future, volatility measures and other facts. Changes to the law,
financial markets or individual personal circumstances can cause substantial deviation
from the estimates. This could result in declines in an account’s value over short or
even extended periods of time. Results may vary with each use and over time.
TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY.
Each is solely responsible for its own financial condition and contractual obligations.
What's your age?
If you are behind your peers when it comes to saving for retirement, don’t fret – start to close the gap by increasing your retirement contributions today. If you’re unsure of how much you should be saving, build a plan customized for you and your goals. And if you are head of the curve, it’s always a good idea to make sure your overall retirement savings plan is on track.
There are inherent risks in investing. No strategy can eliminate or anticipate all market risks and losses can occur.
Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.
This material is for informational or educational purposes only and does not constitute a recommendation or investment advice in connection with a distribution, transfer or rollover, a purchase or sale of securities or other investment property, or the management of securities or other investments, including the development of an investment strategy or retention of an investment manager or advisor. This material does not take into account any specific objectives or circumstances of any particular investor or suggest any specific course of action. Investment decisions should be made in consultation with an investor’s personal advisor based on the investor’s own objectives and circumstances.
TIAA Individual & Institutional Services of America, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.