Retirement Calculator
Project your retirement savings and estimated annual income. Enter your age, current savings, monthly contributions, and expected return.
Projects 30 years of growth at a steady 6% return. The 4% figure is a common rule of thumb for sustainable yearly withdrawals. Estimates only, not investment advice.
How to use this calculator
Enter your current age and target retirement age, your current savings, your monthly contribution, and an expected annual return. You'll see your projected balance, total contributions, and an estimate of sustainable annual income.
How retirement growth works
Your balance grows from ongoing contributions and from compounding returns on money already invested. Starting earlier gives compounding more time, which is why even modest early contributions can outperform larger ones started later.
Worked example
A 35-year-old with $50,000 saved, adding $500/month at 6% until 65, reaches roughly $640,000 — supporting about $26,000/year under the 4% rule.
Projections are estimates, not investment advice. Returns and inflation vary over time.
Frequently asked questions
How much will I have at retirement?
It depends on your current savings, how much you add each month, your return, and how many years you have. The calculator compounds your balance and contributions to project a retirement total.
What is the 4% rule?
A common guideline suggesting you can withdraw about 4% of your retirement balance in the first year (adjusted for inflation thereafter) with a low risk of running out over 30 years. We use it to estimate sustainable annual income.
What return should I assume?
A diversified long-term portfolio has historically returned roughly 6–8% before inflation. Using 6% is a reasonably conservative estimate; lower it as you near retirement and shift to safer assets.
How much should I save?
Many planners suggest saving 15% of income for retirement, but the right number depends on your goals, current savings, and timeline. Try different monthly amounts to see the impact.