Retirement Calculator
Plan your future with confidence. Project your retirement savings, estimate monthly income, and get a personalized readiness score to see if you're on track.
Savings projections • Income estimates • Withdrawal planning • Readiness score • 100% FreeYour Retirement Details
Enter your financial information to project your retirement readiness and income.
Your Retirement Results
See your projected retirement balance, monthly income, and readiness score.
With Your Plan
Your Goal
Based on 7% return, 3% inflation, retiring at age 65.
Retirement Visualized
See your savings growth over time and understand the breakdown of your retirement income sources.
Savings Growth Over Time
Retirement Income Breakdown
Retirement by the Numbers
See how different savings rates, returns, and retirement ages affect your retirement outcome.
| Monthly Contribution | Retirement Age | Expected Return | Projected Balance | Monthly Income | Status |
|---|---|---|---|---|---|
| $1,000 | 65 | 7% | ~$1,320,000 | ~$4,400 | ✅ On Track |
| $500 | 65 | 7% | ~$660,000 | ~$2,200 | ⚠️ Needs Review |
| $1,000 | 60 | 7% | ~$1,100,000 | ~$3,670 | ✅ On Track |
| $1,000 | 65 | 9% | ~$1,950,000 | ~$6,500 | ✅ Excellent |
| $1,000 | 70 | 7% | ~$1,590,000 | ~$5,300 | ✅ On Track |
Assumes starting balance of $50,000, 3% inflation, and 4% withdrawal rate. Results are estimates and may vary based on market conditions.
Retirement Insights
Key concepts to understand about retirement planning and income.
The 4% Rule
The 4% rule suggests you can withdraw 4% of your retirement portfolio in the first year, adjusted for inflation thereafter, with a high probability of lasting 30 years. It's a common benchmark for safe withdrawal rates.
The Power of Compounding
Compound interest allows your investment earnings to generate their own earnings. Starting early — even with small amounts — can dramatically outpace larger contributions made later in life.
Inflation's Impact
Inflation erodes purchasing power over time. A 3% inflation rate means that $1 today will only buy about $0.74 worth of goods in 10 years. Planning for inflation is critical for maintaining your lifestyle in retirement.
Retirement Income Sources
Retirement income typically comes from multiple sources: Social Security, pension plans, personal savings, and other investments. Diversifying your income streams helps reduce risk and provides financial stability.
Frequently Asked Questions
Common questions about retirement planning and how this calculator works.
