Finance
Retirement Calculator
Project your retirement savings and see if you're on track. Adjust contributions, returns, and retirement age to find your target.
Guide
How to use the Retirement Calculator
The Retirement Calculator helps you make a quick estimate, compare scenarios, and understand the numbers behind the result. It is designed for fast planning, with enough context to make the answer useful instead of just a number.
- Enter the amounts, rates, and time period that match the scenario you want to model.
- Review the main result first, then scan the supporting totals to understand what drives it.
- Change one input at a time to compare payments, interest, growth, savings, or break-even points.
Method
How this calculator works
It projects current savings and future contributions forward with compound growth until the target retirement age.
This calculator is useful for checking whether your savings pace is broadly aligned with your retirement timeline.
Because assumptions matter, try a few values that represent optimistic, typical, and conservative cases.
Financial results are estimates. Actual loan terms, taxes, fees, rates, and market returns can change the final outcome.
Example
Worked example
Compare ages 30 to 65 with $20,000 already saved and $500 added at each month-end. At a zero return the balance is $230,000, all contributions. The linked retirement guide generates 0%, 3%, 5% and 7% scenarios directly from the shared calculator engine. These are assumptions, not forecasts; the headline balance is not automatically adjusted for inflation.
FAQ
Common questions
How much money do I need to retire?
A common starting point is the 4% rule: multiply your desired annual spending by 25. If you want $40,000 a year from savings, that suggests a $1 million target. It is a rough planning anchor, not a guarantee — sequence of returns and retirement length matter.
Is saving 15% of my income enough for retirement?
No fixed savings percentage guarantees retirement readiness. Compare a sustainable contribution with your own spending target and several explicit return assumptions. This calculator projects accumulation, not a probability of retirement success.
Does this calculator include Social Security?
No. It projects current savings and constant month-end contributions at a fixed input rate. Social Security, pensions, withdrawals, taxes and fees are not modeled; use your own official benefit estimate for separate income planning.
What information do I need for the Retirement?
You usually need current age, retirement age, current savings, monthly contributions, and expected return. You can change the inputs and recalculate as many times as needed.
How does the Retirement calculate the result?
It projects current savings and future contributions forward with compound growth until the target retirement age.
Are the results exact?
Financial results are estimates. Actual loan terms, taxes, fees, rates, and market returns can change the final outcome.
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