Retirement Calculator

Plan your retirement by calculating how much you need to save and for how long.

Retirement Details

Age Information

Current Age

Your current age. This is the starting point for your retirement planning calculations.

Example: If you're 30 years old now, enter 30

Planned Retirement Age

The age at which you plan to retire and start withdrawing from your retirement savings.

Example: If you plan to retire at 65, enter 65

Life Expectancy

How long you expect to live. This helps calculate how long your retirement savings need to last.

Example: If you expect to live to 90, enter 90

Financial Information

Current Retirement Savings

The amount you've already saved for retirement, including 401(k)s, IRAs, and other retirement accounts.

Example: If you have $50,000 saved, enter 50000

Monthly Contribution

How much you plan to save each month towards retirement, including employer matches.

Example: If you save $500 monthly plus $500 employer match, enter 1000

Desired Annual Retirement Income

How much annual income you want during retirement, in today's dollars. The calculator will adjust for inflation.

Example: If you want $60,000 per year in retirement, enter 60000

Investment Parameters

Expected Annual Return (%)

Expected Annual Return

The average annual return you expect on your investments. Historically, diversified portfolios have returned 6-8% annually over long periods.

Example: For a balanced portfolio, you might enter 7

Expected Inflation Rate (%)

Expected Inflation Rate

The expected annual rate of inflation. This affects how much your money will be worth in the future.

Example: The historical average is about 2-3%

Retirement Projection

Required Savings

At retirement

Projected Savings

At retirement

On Track for Retirement

-$0 Surplus

Great job! Your current savings plan exceeds your retirement goal. Consider if you'd like to retire earlier or increase your retirement income.

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