Retirement Calculator

How this calculator works

The calculator grows your current savings and monthly contributions at your expected return until your retirement age, using monthly compounding. The estimated monthly income uses the 4% guideline: a common planning rule suggesting you can withdraw about 4% of your portfolio in the first year of retirement, adjusting for inflation afterward, with a good chance of the money lasting 30 years. It's a starting point for planning, not a guarantee.

The moves that matter most

• Start now — each decade of delay roughly doubles the monthly savings needed for the same result.
• Capture your employer match — matching contributions are an immediate, guaranteed return. Enter your contribution including the match to see its effect.
• Increase contributions with raises — bumping your savings 1% each year is barely felt but compounds enormously.

Reading your result honestly

These figures are in future dollars and pre-tax; inflation will reduce their purchasing power, and taxes depend on the account types you use. Run the numbers with a conservative return (say 5–6%) as well as the historical average to see a realistic range rather than a single hopeful number.