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Retirement Savings Calculator

Plan your retirement by calculating how much you need to save and projecting your retirement savings growth over time.

Current Information

Investment Assumptions

Retirement Summary

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Retirement Analysis

Complete the form above to see your detailed retirement analysis.

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Retirement Planning Guide

Planning for retirement is one of the most important financial decisions you'll make. Our calculator helps you understand if you're on track.

Key Factors:

  • Start saving early to benefit from compound growth
  • Consider inflation's impact on your purchasing power
  • Account for healthcare costs in retirement
  • Diversify your investments for better returns

Retirement Rules of Thumb:

  • Save 15% of your income for retirement
  • Have 25x your annual expenses saved
  • The 4% withdrawal rule for sustainable income
  • Social Security will replace ~40% of pre-retirement income

Future Value Formula

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

Where:
FV = Future Value
PV = Present Value
PMT = Monthly Payment
r = Monthly interest rate
n = Number of periods

Pro Tips:

  • Take advantage of employer 401(k) matches
  • Consider Roth IRAs for tax-free growth
  • Increase contributions when you get raises
  • Review and adjust your plan annually