Retirement Savings Calculator
Plan how much you need to save for a comfortable retirement. Based on the 4% rule and year-by-year growth projections.
Quick Answer
This retirement calculator helps you determine how much you need to save based on your age, current savings, and desired retirement age. Uses the 4% rule and compound growth projections.
How to Use This Calculator
Enter your current retirement savings, expected annual expenses in retirement, current age, and planned retirement age. Set expected annual return (7-10% historically for stocks), annual contribution, and pay raises. This retirement savings calculator uses the 4% rule to show your goal (25x expenses), projected balance, monthly savings needed, and income from savings in retirement.
How Much to Retire: The 4% Rule Explained
The 4% rule says you can withdraw 4% of retirement savings annually with high probability your money lasts 30+ years. This means you need 25x your annual expenses saved. If you expect $50,000 in annual expenses, you need $1,250,000. Use our how much do I need to retire calculator to project savings growth year by year and see if you're on track for comfortable retirement planning.
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Also try our free Retirement Savings Projection template
Project your retirement savings growth over time. Calculate if you're on track to meet your retirement goals with compound interest.
Download Retirement Savings Projection