Retirement Calculator
See how your retirement savings could grow. Enter your age, planned retirement age, current savings, monthly contribution and expected return, and the calculator estimates your savings at retirement, how much came from growth, and a rough monthly income figure.
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Savings at retirement
$967,872
Total contributions$235,000
Investment growth$732,872
Est. monthly income$3,226
Years to grow35
Monthly income estimate uses the 4% rule (withdraw 4% of savings per year). It is a rough guide, not financial advice.
How it works
Your savings compound until retirement: the current balance grows at the expected return while each monthly contribution is added and also compounds. The estimated monthly income uses the 4% rule, withdrawing four percent of the final savings per year, which many planners use as a rough sustainable guide.
Frequently asked questions
What is the 4% rule?
It is a rule of thumb suggesting you can withdraw about 4 percent of your savings in the first year of retirement, then adjust for inflation, with a reasonable chance the money lasts. It is a guide, not a guarantee.
Does this account for inflation or taxes?
No. The figures are in today money before inflation and taxes, so treat them as a planning estimate rather than a precise forecast.
Is this financial advice?
No. It is an educational estimate. For decisions about your retirement, speak with a qualified financial professional.