Retirement Calculator
Your retirement number has two engines: the money you have already invested compounding forward, and the money you add each month. This calculator grows both to your retirement age, then applies a safe withdrawal rate to show the income that pot can support.
- Accurate
- Real-time
- Easy to use
- 100% free
Projected savings at retirement
$691,307
Monthly retirement income
$2,304
Details
Updates as you typeMust be later than your current age.
Include any employer match you expect to receive.
Summary
Projected savings at retirement
$691,307
Nest egg at retirement
$691,307
- Current savings grown$286,27141%
- Contributions$150,00022%
- Investment growth$255,03637%
- Annual retirement income
- $27,652
- Monthly retirement income
- $2,304
- Years until retirement
- 25
- Total contributed
- $150,000
- Investment growth
- $491,307
- Growth as a share of the total
- 71.1%
- Figures are in future dollars and are not adjusted for inflation. At 3% inflation, money loses roughly half its purchasing power over 24 years.
- The 4% rule comes from historical US market data over 30-year retirements. It assumes a diversified portfolio and annual inflation adjustments, and it is a starting point rather than a guarantee.
How this is calculated
- Starting balance
- $50,000
- Months of saving
- 25 years
- Monthly return rate
- 0.5833%
- Growth of existing savings
- $286,271
- Growth of future contributions
- $405,036
- Nest egg at retirement
- $691,307
- Safe withdrawal rate
- 4.0%
- First-year withdrawal
- $27,652
Age
Compare scenarios
See how one change moves the result
- CurrentYour inputs as they stand$691,307Current
- Current ageyrs 50$300,928
- Retirement ageyrs 81$2,288,005
- Current retirement savings$ 63,000$765,737
For informational purposes only. This is not financial advice — confirm major decisions with a licensed advisor.
Frequently asked questions
What is the 4% rule?
It is a rule of thumb from historical US market data: withdraw 4% of your portfolio in the first year of retirement, then adjust that amount for inflation each year. In the studies behind it, that pace survived 30-year retirements in almost every starting year.
What annual return should I assume?
A diversified stock-heavy portfolio has returned roughly 7% a year after inflation over long periods, and about 10% before inflation. Because this calculator works in future dollars, 6-7% is a reasonably conservative nominal assumption for a mixed portfolio.
How much should I be saving each month?
A common target is 15% of gross income, including any employer match. If you started late, the shortfall is easier to close by raising contributions than by chasing returns, because contributions are the part you actually control.
Does this account for inflation?
No. The projection is in future dollars, so a large number will buy less than it does today. To think in current purchasing power, subtract your inflation assumption from the expected return — using 4% instead of 7% gives an inflation-adjusted view.
What if I retire earlier than planned?
Retiring early cuts both ways: fewer years of contributions and compounding, and more years the portfolio has to last. Lowering the withdrawal rate to 3 or 3.5% is the usual adjustment for a retirement expected to run well past 30 years.