Retirement Calculator
Plan your financial future and calculate how much you need to save for a comfortable retirement.
Your Information
Total amount you have saved so far
How much you plan to save each month
Average annual return on investments (7% is common)
Retirement Projection
Enter your information to see retirement projections
Retirement Planning Tips
Start Early
The power of compound interest means starting early can dramatically increase your retirement savings.
Diversify Investments
Spread your risk across different asset classes to protect and grow your retirement savings.
4% Rule
A common guideline suggests withdrawing 4% of your savings annually in retirement.
Employer Match
Always contribute enough to get your full employer 401(k) match - its free money!
Increase Gradually
Try to increase your contribution rate by 1% each year or when you get a raise.
Review Regularly
Review and adjust your retirement plan annually as your situation changes.
About This Calculator
Our retirement calculator helps you plan for your financial future by projecting how much you will have saved by retirement and what monthly income that could provide. The calculator uses the widely-accepted 4% withdrawal rule, which suggests you can safely withdraw 4% of your retirement savings annually without running out of money.
The calculations assume compound growth based on your expected annual return and account for inflation to show you what your money will be worth in todays purchasing power. Remember that these are projections based on the assumptions you provide - actual results may vary based on market performance, inflation rates, and life circumstances.
Disclaimer: This calculator is for educational purposes only and should not be considered personalized financial advice. Consider consulting with a qualified financial advisor for professional guidance tailored to your specific situation.