SYSTEMS AND METHODS FOR RETIREMENT GAP INSURANCE

Methods and systems for retirement planning that provides an insurance against a failure to obtain a desired retirement savings amount because of market forces. A retirement planning engine may run on a server and operates to determine a customer's retirement plans. The retirement planning engine may define a customer's retirement plan using one or more savings or investment vehicles, and details an amount to be saved of time in order to provide a desired income for the customer's retirement years. In some implementations, the retirement planning engine may offer a retirement “gap” insurance product to the customer to protect against a difference between the amount saved by the customer and the amount needed to achieve desired annual income for the retirement years. The insurance policy may cover this “gap” if the customer adheres to the plan defined by the retirement planning engine.