R:IQ Tool

Welcome Back!

Would you like to use your previous R:IQ data? Yes, use it! No thanks, I'll start over.
  • Dream
  • Income
  • Time
  • Ideal
  • Savings
  • Your Plan

Which of these best describes your retirement dream?


What is your annual income?

The R:IQ tool uses today's dollars, but don't worry about inflation. We'll do all of the work for you.

Please use numbers only.

If you were to retire tomorrow, how much would you need to fund your dream?

$ 75,000 Month

Here's your current monthly income as a starting point. Adjust it to what you think you would need.


Please use numbers only.


How many years until you would like to retire?


1 Year

50 Years

How much have you already invested for retirement?

Please use numbers only.

Do you have a will, and is it current?

Do you have term life insurance?

Do you have an emergency fund that could cover 3–6 months of expenses?

Do you create a household budget every month?

How much debt do you have?

Include debts such as car payments, credit cards, and school loans, but don't include your house.

$100k +
Your R:IQ is:

You are on track to reach your R:IQ! Keep up the great work! What you need to invest monthly:

By changing your monthly savings to $1,000 you could retire in 24 years!
We accounted for 3% inflation. This is the average rate of inflation over the past 25 years as calculated by the Bureau of Labor statistics. A withdrawal rate of 8% is accounted for during retirement. The 11% rate of return is based on the current average annual return from 1926 (the year of the S&P’s inception) through 2011.

To change these values, click on the above.

A dream without a plan is called a wish. You have your goal—now find out how to get there.

Find a Pro Create your plan
Without adding anything else, your current retirement investments should be worth:

Here’s how much you need to save to reach your R:IQ:

Talk with a SmartVestor Pro today to start working toward your retirement goals. Ramsey Solutions is a paid, non-client promoter of SmartVestor Pros. Learn More

Your Retirement Checklist:

  • Dream:
    It's important to have a clear vision for your retirement. Discuss your dream in detail with your spouse or a friend.
  • Your R:IQ is:
    You are on track to reach your R:IQ, keep up the great work! Here's what you need to invest each month:
    Connect with an investing professional today.
  • Will
    Give your loved ones peace of mind by creating and updating your will.
  • Life Insurance
    Take out 10–12 times your income in term life coverage so your family is financially protected if something were to happen to you.
  • Budget
    Take control of your money by creating a zero–based budget every month. We recommend EveryDollar.
  • Debt-Free
    Focus all of your energy on getting out of debt before investing for retirement.
  • Emergency Fund
    Save three to six months of expenses to protect yourself from any surprises life throws your way.
  • Get Investing Help
    Find an investing professional in your area who is a perfect fit for you and your goals.
    Ramsey Solutions is a paid, non-client promoter of SmartVestor Pros. Learn More