Retirement Calculator

Use this free retirement calculator to project your retirement savings and check if you are on track.
Your Information
Enter your retirement details

Plan Your Retirement

Enter your information to see if you're on track for a comfortable retirement

i

How Retirement Planning Works

1

Income Replacement

Financial experts recommend 70-80% of pre-retirement income for a comfortable lifestyle.

2

The 4% Rule

Multiply your desired annual income by 25 to estimate your total retirement need.

3

Inflation Impact

Inflation erodes purchasing power, so your retirement income needs grow over time.

Key retirement planning tips:

  • Start early: Even small contributions in your 20s can grow to significant amounts by retirement
  • Maximize employer match: Always contribute at least enough to get your full 401(k) employer match
  • Diversify: Use a mix of 401(k), IRA, and taxable accounts for tax flexibility in retirement
  • Review annually: Update your plan as your income, goals, and market conditions change
i

How our retirement calculator works

1

Enter current age and target retirement age

Type your current age and the age you plan to retire. The longer the runway, the more compounding helps.

2

Set current savings and contribution

Type your current 401(k), IRA, and other retirement balances, plus how much you save each month. Include any employer match.

3

Estimate expected return and income needs

Set an average annual return (5-8% is typical for diversified portfolios) and your target annual income in retirement. The calculator projects whether youre on track.

Key things to know about our retirement calculator:

  • The 4% rule: You can withdraw 4% of your nest egg in year one, then adjust for inflation, with a 95% chance of not running out over 30 years.
  • Save 10-15% of income: Most financial advisors recommend this for retirement, including any employer match.
  • Social Security: Typically replaces 30-40% of pre-retirement income for the median earner; the rest comes from your savings.

For related calculations, try our investment calculator.