Retirement Calculator
Calculate how much you need to retire. See projected savings, monthly retirement income, and inflation-adjusted values.
Retirement Calculator
Plan your retirement with confidence. Calculate your projected nest egg, monthly income in retirement, and how inflation affects your purchasing power.
📋Your Retirement Details
Total saved in 401(k), IRA, brokerage, etc.
Includes employer match if applicable
S&P 500 historical avg ~7% (inflation-adjusted)
Historical US avg ~3% per year
🎯Retirement Projection
📊Savings Growth at 5-Year Intervals
| Age | Year | Projected Balance | Total Contributed | Monthly Income |
|---|---|---|---|---|
| 35 | 2031 | $70,860 | $55,000 | $236.20 |
| 40 | 2036 | $135,721 | $85,000 | $452.40 |
| 45 | 2041 | $227,457 | $115,000 | $758.19 |
| 50 | 2046 | $357,205 | $145,000 | $1,190.68 |
| 55 | 2051 | $540,722 | $175,000 | $1,802.41 |
| 60 | 2056 | $800,292 | $205,000 | $2,667.64 |
| 65(Retirement) | 2061 | $1,167,442 | $235,000 | $3,891.47 |
💡Retirement Planning Tips
🎯 The 4% Rule
A common guideline suggesting you can safely withdraw 4% of your savings annually in retirement without running out of money for 30+ years. This means you need 25× your annual expenses saved.
📅 Start Early
Starting at 25 vs. 35 can double your retirement savings thanks to compound interest. Even small contributions early make a massive difference over 40 years.
🏦 Maximize Tax-Advantaged Accounts
Max out your 401(k) ($23,000/year in 2024), especially if your employer matches. Also consider a Roth or Traditional IRA ($7,000/year in 2024).
📈 Account for Inflation
$1,000 today will only buy about $550 worth of goods in 20 years at 3% inflation. Use the inflation-adjusted figure to plan for your real purchasing power in retirement.
Retirement Savings Benchmarks by Age
Benchmarks based on Fidelity's retirement savings guidelines (multiples of annual salary).
Disclaimer: This calculator provides estimates for educational purposes only. Actual results depend on market performance, taxes, Social Security benefits, and other factors. Consult a certified financial planner for personalized advice.