Retirement Calculator
Plan your financial future. Calculate retirement savings growth, monthly withdrawal amounts, and inflation-adjusted projections. Free tool to help you retire with confidence.
Projected Savings at Retirement
$1,475,835
$524,487 in today's dollars
35
Years to Grow
$4,919/mo
4% Rule Withdrawal
Total Contributions
$260,000
Interest Earned
$1,215,835
How Retirement Planning Works
This calculator uses compound growth to project your retirement savings. Enter your current age, retirement age, current savings, and monthly contributions. The calculator shows future value, inflation-adjusted purchasing power, and safe withdrawal amount using the 4% rule.
Frequently Asked Questions
How much do I need to retire?▾
Most experts recommend 25x your annual expenses. If you spend $50,000/year, aim for $1.25M. This calculator uses the 4% rule: withdraw 4% annually, adjusted for inflation, with low risk of depleting savings.
What is the 4% rule?▾
The 4% rule states you can safely withdraw 4% of retirement savings annually (adjusted for inflation) with low risk of running out of money over 30 years. For $1M savings, that's $40,000/year or $3,333/month.
How much should I save monthly?▾
Aim to save 15-20% of income. If starting at 25, saving $500/month at 7% return yields ~$1.2M by 65. Starting later requires higher contributions. Use this calculator to model your scenario.
What return rate should I expect?▾
Historically, stock market returns average 7-10% annually before inflation, or 4-7% after inflation. Use 7% pre-inflation or 4-5% post-inflation for conservative planning. Bonds return 2-5%.
How does inflation affect retirement?▾
Inflation reduces purchasing power. $1M today buys less in 30 years. This calculator shows inflation-adjusted value. At 3% inflation, $1M in 30 years has purchasing power of ~$412K today.
When can I retire?▾
Use the FIRE rule: 25x annual expenses. Traditional retirement age is 65, but you can retire earlier with higher savings rates. 50% savings rate enables retirement in ~17 years. This calculator shows your projection.
Should I include Social Security?▾
Social Security provides additional income. At full retirement age (66-67), average benefit is ~$1,800/month (2024). Factor this into your expenses calculation. This calculator focuses on personal savings.