Retirement Calculator
Project your retirement savings based on contributions and expected returns.
100% Client-Side
Projected Balance
$1,475,834.89
35 Years to Retirement
Total Contributions
$260,000.00
Total Growth
+$1,215,834.89
Total Contributions (18%)Total Growth (82%)
What is Retirement Calculator?
A retirement calculator projects how much money you'll have at retirement based on your current savings, contributions, expected returns, and timeline. It helps you determine if you're on track and how adjustments to savings rate or retirement age affect your outcome.
How to Use
- Enter your current age and target retirement age
- Input your current savings and monthly contributions
- Set expected annual return rate and inflation rate
- View projected retirement savings and estimated monthly retirement income
Frequently Asked Questions
- How much do I need to retire?
- A common rule of thumb is 25x your annual expenses (the '4% rule'). If you spend $50,000/year, aim for $1.25 million. However, this varies based on lifestyle, healthcare costs, and life expectancy.
- What is the 4% rule?
- The 4% rule suggests you can withdraw 4% of your retirement savings annually with low risk of running out over a 30-year retirement. A $1 million portfolio would provide $40,000/year.
- When should I start saving for retirement?
- As early as possible. Thanks to compound interest, someone who invests $200/month starting at 25 will have significantly more than someone investing $400/month starting at 35.