Meet CoRI

If you're 55 to 64 years old, CoRI can give you an instant estimate of the retirement income your current savings may provide.

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Learn how CoRI can help you plan for retirement.

CoRI by BlackRock
Select your age
55
64
Under 55? Over 64?

CoRI is designed specifically for 55 to 64 year olds because the required calculations for each CoRI Retirement Index include life expectancy.

Visit BlackRock's Retirement Center for actions investors of all ages can take to better prepare for retirement.

For more information visit the CoRI Index methodology site.

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How does CoRI work?

CoRI is powered by CoRI Retirement Index levels which are calculated daily using 5 factors.

CoRI Five Factors Chart Starting Level
Starting Level

CoRI Index levels start at $1 a year, every year, starting at age 65. So your level begins at $51 to account for payments through age 115. Click other factors to see how the level adjusts.

Inflation
Inflation

The cost of living will go up and you need to preserve your purchasing power.The CoRI Index level prices in an annual cost of living adjustment beginning at age 65.

Risk
Risk

The promise to give you a dollar in the future involves investment risk. Current market information about what insurers are charging to manage similar risk impacts your CoRI Index Level.

Interest Rates
Interest Rates

Interest rate changes can cause daily fluctuations in your CoRI Index level.

Life Expectancy
Life Expectancy

Because we won't all live to 115, the CoRI Index level is reduced using mortality calculations similar to ones used by Social Security, pension plans and insurance companies.

Today's CoRI Retirement Index level
$ 0
What's this?
Based on your age and real-time market data, today's CoRI Index Level:
  • Shows an estimate of what you need to have saved today for each dollar of annual retirement income starting at age 65, lasting as long as you live, and including a cost-of-living adjustment.

  • Changes daily so check back often. For more info, visit our FAQ page.

At age , CoRI estimates you need $ saved today to generate each dollar of annual retirement income starting at age 65.

See what your savings today may generate in future retirement income

Enter your current retirement savings so CoRITM can show you the estimated annual retirement income your current savings may provide.

What should I include here?

Retirement savings includes:

  • 401(k) account balances
  • 403(b) account balances
  • IRA account balances
  • Savings account balances
  • CDs, etc.

Make your best estimate.

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Your CoRI

$ 0

Index Level
$
What is estimated annual retirement income?

Estimated annual retirement income is the amount of money your savings may provide every year in retirement starting at age 65, lasting as long as you live, and including a cost-of-living adjustment. It is calculated by dividing your current retirement savings by your CoRI Index level today.

 

When planning for retirement income using CoRI, consider the amount of money you expect to need every year in retirement for essential expenses like:

  • Food
  • Clothing
  • Housing

Not sure what you’ll need in retirement? Use our Retirement Expense Worksheet.

At age with in savings, CoRI estimates that your annual retirement income starting at age 65 would be .

Plan your path

Here are three scenarios that may help you invest today to meet your future retirement income goals.

Please enter your desired annual retirement income

Your desired annual retirement income is the amount of income you'd like to receive each year in retirement.

Did CoRI estimate that your current retirement savings may provide more income than you would like? If so, reduce your current retirement savings until your estimated annual retirement income equals your desired annual retirement income.

Your current retirement savings

Your estimated annual retirement income

Sample portfolios

The three sample portfolios illustrate the effect of different investment strategies on your ability to meet your desired retirement income goals. These sample portfolios were selected to represent diversified investment strategies consistent with typical risk tolerances of investors in pre-retirement.

Conservative

60% US Bonds

40% Equities

25% U.S. Large/Mid Cap Equity

10% International Equity

5% U.S. Small Cap Equity

Moderate

40% US Bonds

60% Equities

35% U.S. Large/Mid Cap Equity

20% International Equity

5% U.S. Small Cap Equity

Moderate with CoRI exposure

40% CoRI exposure

60% Equities

35% U.S. Large/Mid Cap Equity

20% International Equity

5% U.S. Small Cap Equity

These portfolio illustrations are for informational purposes only and do not represent actual investments or accounts. These scenarios assume you are investing your total current retirement savings and additional annual savings in the sample portfolios shown.

Additional annual savings

Additional annual savings is how much money in excess of your current retirement savings you would need to save each year until you turn 65 in order to meet your desired annual retirement income goal.

Annual retirement income range

The annual retirement income range shows the highest and lowest estimated income amounts that may result from each sample portfolio and additional annual savings scenario given your current retirement savings.

conservative-portfolio
Conservative
moderate-portfolio
Moderate
cori-portfolio
Moderate with CoRI exposure

CoRI exposure is based on the CoRI Retirement Indexes which are a suite of fixed income indexes designed to track the estimated cost of future lifetime retirement income.

You can add CoRI exposure to your portfolio by investing in a fund designed to track your index.

Including CoRI exposure in your portfolio may narrow your retirement income range, which could increase the probability of meeting your income goal, and may reduce the additional amount you would need to save from now until retirement.

Your summary

Talk to your advisor about how CoRITM can help you plan for retirement.

Age:

Savings:

Estimated annual income:

Desired annual income:

To help you plan, consider these portfolio scenarios:
conservative-portfolio
Conservative

With a Conservative portfolio, you could save an additional every year until you turn 65, and your annual retirement income could fall between - .

moderate-portfolio
Moderate

With a Moderate portfolio, you could save an additional every year until you turn 65, and your annual retirement income could fall between - .

cori-portfolio
Moderate with CoRI exposure

With a Moderate with CoRI exposure portfolio, you could save an additional every year until you turn 65, and your annual retirement income could fall between - .

Learn More

Find out more about the CoRI suite.

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Sample Portfolio Scenarios - Assumptions and Methodology:

Additional Annual Savings

The additional required savings is derived by calculating the savings rate that will make your estimated annual retirement income equal your desired annual retirement income, within the range shown, at age 65.  This calculation considers your current retirement savings, the assumed return of the sample portfolio, and the assumed return of additional annual savings over time. The assumed return of the sample portfolio is calculated using each applicable asset class’s assumed return as set forth below (see Long-term Capital Market Assumptions).

Annual Retirement Income Range

The annual retirement income range is derived by growing your current retirement savings and additional annual savings over time by the assumed return of the sample portfolio in order to calculate a minimum, maximum, and average projected portfolio balance at age 65. The minimum and maximum balances reflect the assumed volatility (risk) of the applicable asset classes in the sample portfolio (see Long-term Capital Market Assumptions).  The annual retirement income range is derived by dividing these three projected portfolio balances by the CoRI Retirement Index level that corresponds to your age, and applying a 68% confidence level, which reflects an assumption that your estimated annual retirement income at age 65 is expected to fall within the range shown +/-1 standard deviation. Standard deviation is a statistical measure used to estimate how dispersed calculation results are, in relation to an average or expected value.

Long-term Capital Market Assumptions:

Asset Class

Benchmark

Annualized
Assumed Return

Annualized
Assumed Risk

US Large/Mid Cap Equities

Russell 1000 Index

7.25%

15.38%

US Small Cap Equities

Russell 2000 Index

7.96%

19.65%

International Equities

MSCI ACWI ex-US IMI Index

7.98%

18.18%

US Bonds

Barclays U.S. Aggregate Bond Index

3.00%

3.74%

CoRI exposure

BlackRock CoRI Retirement Indexes

4.05%

9.50%

BlackRock typically reviews the assumptions quarterly. These assumptions are subject to change as subsequent conditions vary, are not a prediction of future results and are subject to inherent limitations. “Assumed” return and risk estimates are subject to uncertainty and error. For example, changes in the historical data from which it is estimated will result in different implications for asset class returns.  Assumed returns for each asset class are conditional on an economic scenario; actual returns in the event the scenario comes to pass could be higher or lower, as they have been in the past, so an investor should not expect to achieve returns similar to the analysis shown herein.

This information should not be relied upon as investment advice, research, or a recommendation by BlackRock regarding (i) the use or suitability of the indexes or (ii) any security in particular. Investors should consult their financial advisor to evaluate their investment needs.

The CoRI Retirement Indexes and the CoRI tool do not guarantee future income or protect against loss of principal. There can be no assurance that an investment strategy based on the CoRI Retirement Indexes or the CoRI tool will be successful. Indexes are unmanaged and one cannot invest directly in an index.

Investing involves risk, including possible loss of principal.

 

The CoRI Retirement Indexes and data are subject to change. Data shown is for informational purposes only and does not represent an actual account. The CoRI tool is based on CoRI Retirement Index levels that are updated daily, so results may vary with each use and over time. The CoRI Retirement Indexes and CoRI tool do not reflect the fees, expenses and cost that may be associated with an annuity or any other retirement income product that an individual may purchase, or any assumption that such a product will be available for purchase at the time of retirement. Actual investment outcomes may vary. Although the CoRI tool provides an estimate of the amount of money you need today for every dollar of annual income you want in retirement, this estimate is not a guarantee. A number of factors may contribute to variations in retirement income.

The CoRI Retirement Indexes are maintained by BlackRock Index Services, LLC (the “Affiliated Index Provider”), a subsidiary of BlackRock, Inc., that designs, sponsors and publishes indices for use in portfolio benchmarking and portfolio management. While the Affiliated Index Provider publishes descriptions of what the CoRI Retirement Indexes are designed to achieve, the Affiliated Index Provider does not provide any warranty or accept any liability in relation to quality, accuracy or completeness of data in respect of the CoRI Retirement Indexes, and does not guarantee that the CoRI Retirement Indexes will not deviate from their stated methodologies. The Affiliated Index Provider does not provide any warranty or guarantee for Affiliated Index Provider errors.

Prepared by BlackRock Investments, LLC (“BRIL”), member FINRA. BRIL is a subsidiary of BlackRock, Inc.