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Retirement Calculator

To estimate how much you'll save by retirement age ("What you'll have"), start with your current age and how much you've saved so far. Add your annual pre-tax income, monthly contributions, and your estimated monthly budget in retirement to calculate how much more you'll save between now and your projected retirement date. Our calculator takes into account salary increases, compound interest, inflation, and rates of return to arrive at the final estimate.

Retirement Details

Age

Current retirement savings

Monthly Contributions

10% of income

Monthly budget in retirement

70% of pre-retirement income

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Retirement savings at age 67

How did we calculate your results?

What you have saved

What you'll need to match your monthly budget

Assumptions

When calculating your target retirement savings total (“What you’ll need”), our default assumptions include:

Retirement age of 67 (when most people will receive full Social Security benefits).

  • A 6% rate of return before retirement and a 5% rate of return during retirement (assuming a more conservative portfolio).

  • A 3% average annual inflation rate.

  • Life expectancy of 95.

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