Retirement Savings Calculator
This calculator projects your savings from today to the age you retire, then estimates the yearly income that pot could pay you.
Enter your age, current savings, monthly contribution and an expected return. You get the projected balance plus an income estimate at a withdrawal rate you choose.
Your plan
4% is a common rule of thumb for retirement income.
At retirement
- Nest egg at age 65
- $874,826.18
- Est. yearly income
- $34,993.05
- Est. monthly income
- $2,916.09
- You contributed
- $230,000.00
- Investment growth
- $644,826.18
The sun rises with your savings: 3.8× what you put in by age 65
Your balance by age
By age 65 you put in $230,000.00 and it grows to $874,826.18. $644,826.18 of that is investment growth. Growth overtakes your contributions around age 49. That supports an estimated $34,993.05 a year at a 4% withdrawal rate.
Balance by age
| Age | Balance | You put in | Growth |
|---|---|---|---|
| 35 | $61,862.02 | $50,000.00 | $11,862.02 |
| 40 | $118,327.61 | $80,000.00 | $38,327.61 |
| 45 | $194,491.23 | $110,000.00 | $84,491.23 |
| 50 | $297,224.54 | $140,000.00 | $157,224.54 |
| 55 | $435,796.38 | $170,000.00 | $265,796.38 |
| 60 | $622,709.03 | $200,000.00 | $422,709.03 |
| 65 | $874,826.18 | $230,000.00 | $644,826.18 |
Before you rely on this
Results are generic estimates using standard time-value-of-money formulas, the same math everywhere. Real-world figures depend on your country's tax rules, rounding, fees, and lender or product terms, which vary by jurisdiction. Treat this as a guide and confirm important numbers with a local professional.
How the retirement calculation works
During the accumulation phase, your balance grows each month from returns plus contributions. The tool compounds monthly from your current age to your retirement age.
The income estimate uses a safe withdrawal rate. 4% is a common rule of thumb drawn from historical market data. Treat it as a planning guide, not a guarantee.
Tips
- Got a raise? Raise your contribution the same day. You won't miss money that never hit your checking account.
- An employer match is free money. Contribute at least enough to capture all of it.
- Returns are uncertain. Model a conservative rate and read the result as a range.
Frequently asked questions
How much do I need to retire?
A common guideline is 25 times your desired annual spending, which matches a 4% withdrawal rate. Enter your numbers above and see whether your plan is on track.
What is the 4% rule?
A rule of thumb: withdraw about 4% of your portfolio in the first year of retirement, then adjust for inflation. Historically, the odds of running out within 30 years were low.
What return rate should I assume for retirement?
Diversified portfolios have historically returned a few percent a year after inflation. The future isn't promised. A conservative assumption gives you a plan you can trust.