Plan retirement savings and income. Free online retirement calculator with goal planning and income projections.
Plan your retirement with our free online retirement calculator. Calculate how much you need to save monthly to achieve your retirement goals and maintain your desired lifestyle.
Enter your details above to see your retirement plan.
The earlier you start saving, the more time compound interest has to work in your favor.
Regular contributions, even small ones, add up significantly over time.
Spread your investments across different asset classes to manage risk.
Adjust your retirement plan as your circumstances and goals change.
Current Age: 35
Retirement Age: 65
Current Savings: $50,000
Monthly Contribution: $1,000
Desired Income: $60,000/year
Result: You'll need $1.2 million and are on track to reach $1.5 million
Aim to save 10-15% of your income for retirement, including employer contributions. The exact amount depends on your age, desired retirement lifestyle, and expected retirement age.
The 4% rule suggests you can safely withdraw 4% of your retirement savings annually without running out of money. This is a general guideline for retirement planning.
Start saving for retirement as early as possible. Even small amounts saved in your 20s can grow significantly due to compound interest over decades.
Consider 401(k)s, IRAs, Roth IRAs, and other tax-advantaged accounts. Each has different benefits and contribution limits based on your situation.
Estimate your desired annual retirement income, subtract expected Social Security and pension income, then calculate how much you need to save to generate the remaining amount.