Retirement Calculator
Project your retirement savings, income, and how long your nest egg will last.
Retirement Projection
What is a Retirement Calculator?
A retirement calculator helps you estimate whether your current savings and contributions will be sufficient to support your desired lifestyle after you stop working. It projects the growth of your portfolio and analyzes how long it will last once you begin withdrawals.
By factoring in inflation, expected investment returns, and monthly expenses, this tool gives you a realistic picture of your financial future. It can reveal whether you need to save more, work longer, or adjust your retirement spending.
How to Use
- Enter your current age and desired retirement age.
- Input your existing retirement savings and planned monthly contributions.
- Provide your expected annual investment return and estimated inflation rate.
- Enter your expected monthly expenses in retirement, then click Calculate.
Frequently Asked Questions
What is the 4% rule?
The 4% rule is a common retirement guideline suggesting you can safely withdraw 4% of your nest egg in the first year and adjust for inflation afterward without running out of money over a 30-year retirement.
How does inflation affect my retirement?
Inflation erodes purchasing power over time. Our calculator models inflation-adjusted withdrawals so you can see how rising costs impact the longevity of your savings.
What annual return should I assume?
A conservative long-term average for a balanced portfolio is 6-7% before inflation. As you approach retirement, many advisors recommend reducing this assumption to reflect a more conservative allocation.
What if my fund runs out too early?
If the calculator shows a shortfall, consider increasing monthly contributions, delaying retirement, reducing expenses, or seeking higher returns through diversified investments.