This calculator can help with planning the financial aspects of your
retirement, such as providing an idea where you stand in terms of
retirement savings, how much to save to reach your target, and what
your withdrawals will look like in retirement.
Basic Information
$/year
Optional
$/month (social security, pension, etc)
$
% of income
Assumptions
%/year
% of current income
%/year
%/year
Results
Required retirement savings$1,234,567
Projected retirement savings$987,654
Monthly retirement income$4,375
Shortfall/Surplus-$246,913
How can you save for retirement?
This calculation presents potential savings plans based on desired
saving.
$
$
%/year
Savings Plan
Years until retirement32
Required monthly contribution$1,234
Required annual contribution$14,808
Required % of $70,000 income21.15%
How much can you withdraw after retirement?
This calculation estimates the amount a person can withdraw every
month.
$
$
$
%/year
%/year
Withdrawal Plan
Projected retirement savings$987,654
Safe monthly withdrawal (4% rule)$3,292
Adjusted for inflation$2,456
Years of retirement18
How long can your money last?
This calculator estimates how long your savings can last at a given
withdrawal rate.