Estimate retirement savings, projected monthly retirement income, savings gap, and inflation-adjusted retirement value based on your age, current savings, future contributions, and expected return.
Retirement savings projection:
Your current savings grow over time while monthly contributions continue until retirement age.
Retirement income estimate:
The calculator estimates possible annual retirement income using a simple 4% withdrawal rule.
Income target comparison:
Your projected retirement income is compared with your desired retirement income based on your salary.
Inflation adjustment:
The projected retirement value is also shown in today’s dollars for a more realistic comparison.
A retirement estimate helps you see whether your current savings plan may support the lifestyle you want later in life. It is useful for testing different contribution levels, retirement ages, and return assumptions.
This tool is best used for early planning and general projections.
Your result shows projected retirement balance, estimated retirement income, desired retirement income target, inflation-adjusted retirement value, and the possible savings gap between your goal and your estimate.
A retirement calculator estimates how much you may have saved by retirement age and how much annual or monthly income that balance might support.
It is a common planning guideline that estimates annual retirement income as roughly 4% of a retirement portfolio balance.
Inflation reduces future purchasing power, so it is useful to compare retirement savings in today’s dollars as well as future dollars.
No. This is only an estimate based on the values you enter and should not be treated as guaranteed investment or retirement advice.