🎯 Retirement Calculator

Project your retirement savings growth and see if you're on track to meet your goals.

⚠️ Disclaimer: This calculator provides hypothetical projections only. Actual retirement outcomes depend on market performance, inflation, fees, taxes, and personal circumstances. Consult a financial advisor for retirement planning.

Current Age

Desired Retirement Age

Current Retirement Savings ($)

Annual Contribution ($)

Expected Annual Return (%)

Projected Retirement Savings

Total Contributions

Investment Growth

Retirement Planning Basics

A common rule of thumb is the 4% rule: in retirement, you can withdraw 4% of your savings annually without running out of money for 30 years. That means for every $1,000 of monthly income you need in retirement, you should aim for $300,000 in savings.

Starting early makes a massive difference. Saving $500/month starting at age 25 could grow to over $1 million by age 65 at 7% annual return, while starting at 35 would require about double the monthly contribution to reach the same goal.

Reference: Social Security Administration