Retirement Planning Calculator

Plan your retirement with confidence

Personal Information

Current Age

Planned Retirement Age

Current Retirement Savings

Monthly Contribution

Assumptions

Expected Annual Return (%)

Expected Inflation Rate (%)

Retirement Income Goal (% of Current Income)

Most experts recommend 70-90% of pre-retirement income

Retirement Projection

Years to Retirement35

Projected Savings$1,188,181

Annual Retirement Income$47,527

Income Goal$16,883

On Track!

You're projected to exceed your retirement income goal by $30,644 annually.

Savings Breakdown

Current Savings Growth$978,181

Future Contributions$210,000

Investment Growth$953,181

The 4% Withdrawal Rule

This calculator uses the 4% rule, which suggests you can safely withdraw 4% of your retirement savings annually without running out of money for 30 years.

Safe Annual Withdrawal$47,527

Retirement Planning Tips

Start Early

The power of compound interest means starting to save for retirement in your 20s or 30s can make a dramatic difference in your final retirement savings, even with smaller contributions.

Employer Match

If your employer offers a 401(k) match, contribute enough to get the full match. It's free money that can significantly boost your retirement savings with no additional effort from you.

Diversify Investments

Don't put all your retirement savings in one type of investment. Consider a mix of stocks, bonds, and other assets to balance growth potential with risk management as you age.