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Retirement Calculator

Estimate the savings needed and track progress toward funding your desired retirement lifestyle.

Current age

years

Retirement age

years

Current savings

Monthly contribution

Expected annual return

Historical S&P 500 average is ~10%

Desired annual income

Safe withdrawal rate

4% is commonly used

Retirement Planning

Retirement planning involves estimating how much money you'll need to live comfortably after you stop working, then creating a savings strategy to reach that goal. The key is starting early to maximize compound growth.

How to Use

1. Enter your current age and target retirement age
2. Input your current savings and monthly contribution
3. Set your expected annual return (7% is a conservative estimate)
4. Enter your desired annual retirement income
5. Click Calculate to see if you're on track

FAQ

What is the 4% rule?

The 4% rule suggests you can withdraw 4% of your retirement savings annually without running out of money over a 30-year retirement.

What return should I expect?

Historically, a diversified stock portfolio returns about 7-10% annually. We recommend using 7% for conservative planning.

Does this include Social Security?

No, this calculator focuses on personal savings. Consider Social Security benefits as additional income on top of your calculated needs.

Calculator Limitations

• Does not account for inflation
• Assumes constant rate of return
• Excludes taxes on withdrawals
• Does not factor in healthcare costs
• For educational purposes only

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