Retirement Savings Calculator
Project your retirement nest egg and the yearly income it could provide. Adjusts for inflation.
Retirement planning comes down to one question. Will the pile be big enough?
This calculator projects the pile and turns it into a yearly income using a withdrawal rate.
How it works
Savings compound monthly with your contributions, which can rise each year. The result is shown in both future and today's dollars.
The income figure applies the withdrawal rate to the final balance. 4% is a common starting point.
The formula
Today's dollars = final balance / (1 + inflation)^years.
Tips
- Social Security is not included. Add your estimated benefit to the income figure.
- Starting ten years earlier can double the result. Starting now beats starting perfectly.
Frequently asked questions
How much do I need to retire?
A common rule is 25 times your yearly spending from savings. That matches a 4% withdrawal rate.
Is 7% a safe return assumption?
It is in line with long run balanced portfolios before inflation. Use 5% or 6% if you prefer caution.
This is not financial advice. Nothing on this site is investment, tax, legal or financial advice of any kind.
The calculators give simplified estimates from the numbers you enter. They ignore taxes, fees, rate changes and real market returns, and they can be wrong.
Do not make financial decisions based on these results. Speak to a licensed financial adviser, accountant or lender before acting, and read the full disclaimer.