Retire in the early 1970s, starting with $750,000 and taking out $35,000 each year, and on average you'll do just fine. What you have today, and what it costs you to live, can you retireĪverages don't tell you much at all. Getting a pension or Social Security, and before you have ready Read the TIAA-CREF Individual & Institutional Services, LLC, Statement of Financial Condition Opens pdf .Thinking of chucking it all and retiring early, long before you start Its California Certificate of Authority number is 6992. TIAA-CREF Life Insurance Company is domiciled in New York, NY, with its principal place of business in New York, NY. Its California Certificate of Authority number is 3092. Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. Each is solely responsible for its own financial condition and contractual obligations. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. SIPC only protects customers' securities and cash held in brokerage accounts. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA Opens in a new window and SIPC Opens in a new window , distributes securities products. Please consult your tax or legal advisor to address your specific circumstances. The TIAA group of companies does not provide legal or tax advice. 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.Ĭonsumer and commercial deposit and lending products and services are provided by TIAA Bank®, a division of TIAA, FSB. See information contained within the above calculators and tools for assumptions, approach and methodology. You should read all associated disclosures. Contact your tax advisor regarding the tax implications. The assumptions underlying these tools are provided here and will change over time and from time to time.

The purpose of these tools are not to predict future returns, but to be used as education only. Investment, insurance product purchase or contribution decisions should be made based on your own objectives and circumstances. This material does not take into account your specific objectives or circumstances, or suggest any specific course of action. The information that you may derive from these tools are for illustrative purposes only and are not individualized or based on your particular needs. As such, you should consider your other assets, income and investments and you should not rely on the information as the primary basis for making investment or insurance product purchase or contribution decisions.

In making these tools and information available to you, TIAA assumes that you are capable of evaluating the information and exercising independent judgment. You should not view or construe the availability of these tools as a suggestion that you take or refrain from taking a particular course of action, as the advice of an impartial fiduciary, as an offer to sell or a solicitation to buy or hold any securities, as a recommendation of any securities transactions or investment strategy involving securities (including account recommendations), a recommendation to rollover or transfer assets to TIAA or a recommendation to purchase an insurance product. These tools are intended to provide you with information to help you make informed decisions. This material is for informational or educational purposes only and does not constitute investment advice under ERISA, a securities recommendation under federal securities laws, or an insurance product recommendation under state insurance laws or regulations.

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