Retirement Calculator

A Retirement Calculator helps you estimate how much you need to save and invest to achieve your desired lifestyle in retirement. By entering details such as your current age, planned retirement age, current savings, monthly contributions, expected rate of return, and anticipated living expenses, you can find out:

Retirement Calculator

Retirement Calculator

How much income do you need in retirement, and how much do you need to save now so that you can have the kind of retirement you want? We created this tool to help you visualize what your finances might look like once you retire and how much you should save now to get the retirement you want.

Your Information

$
$50,000
$
$0
$
$1,500
%
75% of current income
%
10% ($5,000/year)
%
8% annual return

Your Retirement Projection

Monthly Income Needed
$3,125
Total Expected Income
$2,131
Monthly Income Shortfall
$994
Required Retirement Savings
$379,125
Retirement Income Comparison
$3,125
Need
$2,131
$631
Income (SS + Retirement)
$994
Shortfall
$0 $1,000 $2,000 $3,000 $4,000 $5,000

* Values shown are pre-tax, in today's dollars, and assume a 3% rate of inflation.

** This calculator provides estimates only and should not be considered financial advice. Your actual retirement needs may vary based on many factors.