Retirement Calculator

Plan your retirement savings goals with our comprehensive online tool.

Current Age

years

Planned Retirement

years

Life Expectancy

79 in U.S. on average

Expected Social Security Income

$ per month

Other Income After Retirement

$ per month

Average Investment Return

Inflation Rate (Annual)

Your Current Income

$ per year

Income Needed After Retirement

Your current retirement savings

Future retirement savings

Current Age

years

Planned Retirement

years

Amount Needed at the Retirement Age

Your Retirement Savings Now

Average Investment Return

Current Age

years

Planned Retirement

years

Life Expectancy

79 in U.S. on average

Your Retirement Savings Now

Annual Contribution

Monthly Contribution

Average Investment Return

Inflation Rate (Annual)

The Amount You Have

You Plan to Withdraw

$ per month

Average Investment Return

There was an error with your calculation.

Result

$553,407 at Age 65

Savings Needed at 65: $1,516,653

Equivalent Purchase Power Now: $624,841

Lifestyle after Retirement: $55,198

You will have

You will need

MONTHLY INCOME AFTER RETIREMENT (IF SAVED $553,407):
	ACTUAL AMOUNT	TODAY'S MONEY
Total	$4,600	$1,895
From Savings	$3,100	$1,277
From Social Security	$1,200	$494
From Other Income	$300	$124

MONTHLY INCOME AFTER RETIREMENT (IF SAVED $1,516,653):
	ACTUAL AMOUNT	TODAY'S MONEY
Total	$9,911	$4,083
From Savings	$8,411	$3,465
From Social Security	$1,200	$494
From Other Income	$300	$124

IF YOU SAVE EVERY MONTH UNTIL 65
Amount to Save Every Month	$644.11
Total Principal	$261,880.23
Total Interest	$538,119.77
IF YOU SAVE EVERY YEAR UNTIL 65
Amount to Save Every Year	$7,939.66
Total Principal	$268,189.86
Total Interest	$531,810.14
IF YOU HAVE IT NOW
Additional Amount Needed	$109,288.10
Total Principal	$139,288.10
Total Interest	$660,711.90

Result
Balance at the retirement age of 65	$646,653.85
Equivalent to current purchase power of	$266,412.83
The amount you can withdraw monthly at 65 and increase 3% annually	$3,573.24
Equivalent to current purchase power of	$1,472.13
The amount you can withdraw monthly from 65 to 85	$4,573.73
At age 65, equivalent to current purchase power of	$1,884.32
At age 85, equivalent to current purchase power of	$1,043.30

Result

If withdraw $5,000 per month, $600,000 can last 15 years and 0.7 months.

WITHDRAW LENGTH	WITHDRAW AMOUNT
5 years	$11,555.39/month
10 years	$6,613.44/month
15 years	$5,011.76/month
20 years	$4,243.75/month
25 years	$3,807.73/month
30 years	$3,536.22/month
35 years	$3,357.34/month