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Retirement Savings Calculator

Plan your retirement by calculating how much you need to save. See projected savings, inflation-adjusted values, and estimated monthly retirement income.

Your Age

35 years
18 years80 years
65 years
50 years80 years
30years until retirement

Savings

$

401(k), IRA, and other retirement accounts

$

How much you save each month

Growth Assumptions

%

7% is a common long-term stock market average

7%
1%12%
%

3% is a common assumption

3%
1%6%

Enter values and click Calculate to see results

How the Retirement Savings Calculator Works

This calculator projects your retirement nest egg by applying annual investment growth to your current savings plus regular contributions. It then adjusts for inflation to show what your savings will be worth in today's purchasing power, and uses the 4% rule to estimate sustainable monthly retirement income.

FV = PV × (1+r)^t + C × [(1+r)^t - 1] / r
FV= Future value at retirement
PV= Current savings balance
r= Annual return rate (decimal)
t= Years until retirement
C= Annual contribution amount

Example Scenarios

Start at 25

Age:25 → 65
Savings:$5,000
Monthly:$500
Return:7%
At Retirement: $1.32M

Starting at 25 with just $500/month and 7% returns builds over $1.3 million by age 65.

Start at 40

Age:40 → 65
Savings:$50,000
Monthly:$1,000
Return:7%
At Retirement: $1.08M

Starting later means saving more each month. $1,000/mo from age 40 still gets you past $1M.

Catch-Up at 50

Age:50 → 67
Savings:$200,000
Monthly:$2,000
Return:7%
At Retirement: $1.08M

With $200K saved and aggressive $2K/month contributions, you can still reach $1M+ by 67.

The 4% Rule

The 4% rule suggests you can withdraw 4% of your retirement savings annually with a high probability your money will last 30 years. This calculator uses this rule to estimate your monthly retirement income.

Inflation Matters

Inflation erodes purchasing power over time. That's why we show both the nominal value of your savings and the inflation-adjusted value in today's dollars.

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