🏖️ RetirementLong-term Planning

Retirement Calculator

Find out if you are on track for retirement. Enter your current savings, contributions and goals to see your projected nest egg, monthly income in retirement, and how long your money will last.

Your Situation

Current Age

Retirement Age

Current Retirement Savings

Monthly Contribution

Employer Match (monthly)

Return Assumptions

Annual Return

Inflation Rate

In Retirement

Monthly Income Needed

Est. Monthly Social Security

Life Expectancy

Withdrawal Rate

Projected Nest Egg at Retirement

On Track

Need: $0 Have: $0

0% funded

🥚 Nest Egg

💰 Monthly Income

$0/mo

🏛️ Social Security

$0/mo

✅ Total Monthly

$0/mo

📅 Years to Save

0 yrs

⏱️ Savings Last

0 yrs

💵 Total Invested

📈 Investment Growth

Portfolio Growth: Savings vs Investment Returns

Retirement Gap Analysis

How the Retirement Calculator Works

This calculator uses compound interest to project your retirement savings. Each year, your existing savings grow at the expected annual return, and your monthly contributions are added. The projection accounts for inflation to show results in today's purchasing power.

FV = PV × (1+r)^n + PMT × [(1+r)^n - 1] / r

FV = future value PV = current savings r = monthly return n = months PMT = monthly contribution

The 4% rule (Bengen, 1994) suggests you can withdraw 4% of your portfolio per year in retirement with a high probability of your savings lasting 30+ years. This means a $1,000,000 portfolio supports $40,000/year or $3,333/month. The rule is a guideline, not a guarantee.

Retirement Planning Benchmarks (Fidelity Guidelines)

Age	Savings Target	Based on Annual Salary
30	1× annual salary	e.g. $60,000 saved if earning $60,000
40	3× annual salary	e.g. $180,000 saved if earning $60,000
50	6× annual salary	e.g. $360,000 saved if earning $60,000
60	8× annual salary	e.g. $480,000 saved if earning $60,000
67	10× annual salary	e.g. $600,000 saved if earning $60,000

Retirement Account Types

401(k) / 403(b): Employer-sponsored plans. Contributions are pre-tax, reducing taxable income now. Annual contribution limit applies. Many employers offer matching: this is essentially free money.

Traditional IRA: Individual Retirement Account. Pre-tax contributions (income limits apply). Tax-deferred growth. Taxed on withdrawal in retirement.

Roth IRA / Roth 401(k): Contributions made with after-tax dollars. Growth and qualified withdrawals are completely tax-free. Excellent if you expect to be in a higher tax bracket in retirement.

Disclaimer: Projections use historical return assumptions and cannot predict future market performance. Consult a licensed financial planner (CFP) for personalised retirement advice.