What's Your RISE Score? | Easy Online Calculator | Growing Bolder® (2024)

Last Updated on July 13, 2021

What's Your RISE Score? | Easy Online Calculator | Growing Bolder® (1) This post is sponsored by the Alliance for Lifetime Income, an Official Personal Finance Partner of Growing Bolder.

From the moment we get our first job or move away from home, Americans learn almost immediately the importance of a credit score. Yet, millions of Americans retire each year without knowing their “RISE Score®.”

Let’s start with why it’s such a big deal. Your RISE Score, also known as Retirement Income Security Evaluation Score, can tell you whether you’re on track with your retirement income, and how well it will cover basic living expenses. Simply put, it will gauge how likely you are to outlive your money.

To determine your RISE Score, simply use the free and easy online calculator developed by the Alliance for Lifetime Income and answer some basic questions about your income, expenses, savings and investments. It takes no more than 10 minutes. Don’t worry, the information you provide is completely anonymous, strictly confidential and never shared with other parties.

Like a credit score, the RISE Score uses a scale from zero to 850 and like a credit score, the results may be a rude awakening or a reassuring pat on the back. If there’s a gap between what you have and what you’ll need for retirement, it’s not too late to print out your score and take it to your financial advisor to discuss how to cover that gap.

Our research consistently shows that a great many Americans have significant questions and concerns about having too little monthly income to cover their basic expenses in retirement, things like a mortgage or rent, utilities, food or a gym membership. The RISE Score is a powerful tool for anyone planning for retirement or already retired. So, if you’re even a little concerned about running out of money in retirement, knowing your RISE Score could be a simple first step to re-thinking your retirement plan with a financial advisor, and putting you back on track to living the life you want.

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FAQs

What is a good rise score? ›

We then aggregate the results from these simulations and blend the overall average case and average of worst 10% to determine your RISE Score. If your income produces a RISE Score greater than 650, then you're on the right track.

How to calculate rise score? ›

Calculate Your RISE Score® Using Our Simple Tool
  1. Monthly Income.
  2. Your Estimated Savings.
  3. Estimated Pension Amount (If Applicable)
  4. Estimated Social Security Amount (to Calculate Your Social Security Income, Click Here)
  5. Estimated Amount of Any Other Sources of Retirement Income.
  6. Estimated Essential Monthly Expenses.

What is a good retirement score? ›

FIDELITY RETIREMENT SCORE
ScoreAssessment
81–95On track to cover most of your estimated retirement expenses in an underperforming market
>95On track to cover 95% or more of your estimated expenses, even in an underperforming market
2 more rows

What is the retirement income security evaluation score? ›

Let's start with why it's such a big deal. Your RISE Score, also known as Retirement Income Security Evaluation Score, can tell you whether you're on track with your retirement income, and how well it will cover basic living expenses. Simply put, it will gauge how likely you are to outlive your money.

What is the highest rise score? ›

The RISE Score™ can be interpreted much like a credit score on a scale from 0 – 850.

What should my score be? ›

670 to 739: Good Credit Score

Lenders generally view those with credit scores of 670 and up as acceptable or lower-risk borrowers.

How do I calculate a rise? ›

Rise = difference between the y-coordinates of points A and B = (y)2 - (y)1 = Δy. Run = difference between the x-coordinates of points A and B = (x)2 - (x)1 = Δx.

What is the best retirement plan calculator? ›

Some will also help you know how to do better — retire earlier, be wealthier, or more secure.
  • MarketWatch Retirement Planner. ...
  • Bankrate Retirement Income Calculator. ...
  • Personal Capital Retirement Calculator. ...
  • Vanguard Retirement Nest Egg Calculator. ...
  • Financial Mentor Ultimate Retirement Calculator. ...
  • Fidelity Retirement Planner.

How to calculate a score? ›

Add up the number of points you earned on the test. Divide the number of points you earned by the total number of points available. Multiply the result by 100 to get a percentage score.

Is $400,000 enough to retire at 62? ›

You can retire a little early on $400,000, but it won't be easy. If you have the option of working and saving for a few more years, it will give you a significantly more comfortable retirement.

Is $600,000 enough to retire at 65? ›

It's possible to retire with $600,000 in savings with careful planning, but it's important to consider how long your money will last. Whether you can successfully retire with $600,000 can depend on a number of factors, including: Your desired retirement age. Estimated retirement budget.

What is the 3 rule for retirement? ›

The safe withdrawal rule is a classic in retirement planning. It maintains that you can live comfortably on your retirement savings if you withdraw 3% to 4% of the balance you had at retirement each year, adjusted for inflation.

What is the rise score for retirement? ›

The Milliman Retirement Income Security Evaluation Score, or RISE Score™, is a confidential, easy-to-use tool to evaluate how well your retirement income plan is working toward achieving your retirement income goals.

What income reduces Social Security benefits? ›

Your benefits are reduced by $1 for every $2 you earn in excess of $22,320 for 2024 ($21,240 for 2023) until you reach your FRA.

How do I find out my retirement credit score? ›

You can get free weekly credit reports from the three nationwide credit reporting agencies — TransUnion, Equifax and Experian — from annualcreditreport.com.

What is a normal rise? ›

The rise is the distance from the top of the waistband to the seam where the crotch meets the legs of the pants. It typically ranges from 7 inches to 12 inches. It's important because it determines where your pants sit, which in turn creates your perceived waistline.

What is a good floor routine score? ›

Uneven bars: 14+ is a good score; 14.8+ could contend for an Olympic medal. Balance beam: 13.5+ is a good score; 14.2+ could contend for an Olympic medal. Floor exercise: 13.5+ is a good score; 14.0+ could contend for an Olympic medal.

What is considered a good rating score? ›

What are the full credit score ranges?
FICO Credit Score Ranges
Excellent/Exceptional800-850
Very good740-799
Good670-739
Fair580-669
1 more row
Apr 2, 2024

What is a good popcorn score? ›

Fresh audience score. When at least 60% of users give a movie or TV show a star rating of 3.5 or higher, a full popcorn bucket is displayed. Rotten audience score. When less than 60% of users give a movie or TV show a star rating of 3.5 or higher, a tipped over popcorn bucket is displayed.

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