Retirement Calculator
Estimate how much you need to retire comfortably and whether your savings are on track.
How the Retirement Calculator Works
This calculator projects your retirement savings by growing your current savings and monthly contributions at your expected annual return rate until your desired retirement age.
Projected Savings at Retirement: Uses the compound interest formula with monthly contributions to project future growth.
Amount Needed: Estimates how much you need at retirement to fund your desired annual income through your life expectancy, adjusted for inflation. The calculation assumes your retirement savings continue to earn returns (at a reduced rate) during retirement.
The 4% Rule: A common guideline suggesting you can withdraw 4% of your savings annually in retirement with low risk of running out over a 30-year period. The monthly income figure shown uses this rule as a reference.
This calculator provides estimates only. Actual results depend on market performance, tax situation, Social Security benefits, and other factors not modeled here.