Retirement Calculator

Plan your retirement savings and see if you're on track for your golden years

Retirement Planning

Retirement Projection

Projected Balance: $1,543,720
Total Contributions: $361,000
Investment Growth: $1,182,720

Retirement Goals

Desired Annual Income: $48,000
Required Nest Egg (4% rule): $1,200,000
Surplus/Shortfall: $343,720

Progress to Goal

Progress 128.6%
On track! Exceeding retirement goal

Retirement Income

Monthly Income (4% rule): $5,146
Years Until Retirement: 35

Retirement Planning Tips

Key Strategies:

  • • Start saving early to benefit from compound growth
  • • Maximize employer 401(k) matching
  • • Consider Roth IRA for tax-free withdrawals
  • • Increase contributions with salary raises
  • • Diversify your investment portfolio

Rule of Thumb:

  • • 4% Rule: Withdraw 4% annually in retirement
  • • 10x Rule: Save 10x final salary by retirement
  • • Age Rule: Save your age as % of income
  • • Catch-up: Extra contributions after age 50

Disclaimer: This calculator provides estimates for planning purposes only. Actual results may vary based on market performance, inflation, and life changes. Consider consulting with a financial advisor for personalized retirement planning.