Retirement Calculator
Plan your path to financial independence. Enter your savings goal, current balance, and monthly contributions to see if you are on track to retire.
Frequently Asked Questions
How much do I need to save to retire?
A common benchmark is the 4% rule: you need 25× your expected annual expenses to retire safely. If you plan to spend $50,000/year in retirement, you need $1,250,000. Adjust for Social Security income, pension benefits, and your personal risk tolerance. Start saving early — time in the market is the most powerful factor.
What is a good monthly contribution for retirement?
Financial advisors often recommend saving 10–15% of your gross income for retirement. At $60,000/year income, that is $500–$750/month. The earlier you start, the less you need to save monthly. A 25-year-old saving $300/month at 7% annual return will have about $900,000 by age 65.
What annual return should I assume for retirement planning?
A conservative estimate is 5–6% real return (after inflation). The historical average real return of the US stock market is approximately 7% per year after inflation. For diversified portfolios including bonds, 5–6% is realistic. Use the lower end of estimates for conservative planning, especially if retirement is more than 20 years away.