Retirement Calculator

Plan for your financial future by calculating how much you need to save and tracking your retirement savings progress over time.

Savings Projections Contribution Planning Gap Analysis

Retirement Savings Calculator

Calculate how much you need to save for retirement and track your progress.

Current Status

Contributions

Retirement Goals

Retirement Summary

Years Until Retirement:
Retirement Savings Goal:
Projected Savings at Retirement:
Savings Gap:
Retirement Income (Monthly):

Recommended Actions

Recommended Monthly Contribution:
Additional Monthly Savings Needed:
Savings Rate (% of Income):

Retirement Savings Projection

Chart will appear after calculation

Note: This calculator provides estimates based on the information you provide and assumes consistent contributions and returns. Actual results may vary based on market performance, inflation, and other factors.

How It Works

This calculator helps you plan for retirement by:

  • Estimating how much you'll need for retirement
  • Projecting your savings growth over time
  • Calculating any savings gap
  • Recommending contribution adjustments

Key Assumptions

  • Investment returns are compounded annually
  • Inflation is factored into return rates
  • The 4% withdrawal rule is used for retirement income
  • Life expectancy determines how long savings need to last

Retirement Planning Tips

  • Start saving early to benefit from compound growth
  • Maximize employer matching contributions
  • Increase savings rate as your income grows
  • Diversify investments to manage risk
  • Regularly review and adjust your retirement plan