Retirement Calculator

Plan for your retirement by calculating how much you need to save and whether you're on track to meet your goals.

Retirement Planning Details

Current Age

Retirement Age

Current Retirement Savings

Monthly Retirement Contribution

Expected Annual Return (%)

Historical stock market average: ~10% | Conservative: 6-8%

Current Annual Income

Income Replacement in Retirement (%)

Most retirees need 70-90% of pre-retirement income

The power of compound interest means starting early can dramatically increase your retirement savings, even with smaller contributions.

Always contribute enough to your 401(k) to get the full employer match - it's free money that can significantly boost your savings.

Spread your investments across different asset classes to reduce risk while maintaining growth potential over the long term.

Try to increase your retirement contributions by 1-2% each year, especially when you get raises or bonuses.

Roth 401(k) and IRA contributions are made with after-tax dollars but grow tax-free, which can be beneficial for younger savers.

Review your retirement plan annually and adjust contributions, investment allocation, and goals as your life circumstances change.