Retirement Calculator - Plan Your Retirement Savings
Calculate how much you need to save for retirement and project your future savings with our Retirement Calculator.
Retirement Savings Planner
Explore how much you need to save monthly, annually, or as a lump sum to reach your retirement goal.
Adjust the numbers below — results update instantly
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Required Monthly Contribution
Monthly Contribution:
$362.74
Total Principal:
$169,292.00
Total Interest:
$430,708.00
Required Annual Contribution
Annual Contribution:
$4,471.33
Total Principal:
$173,083.00
Total Interest:
$426,917.00
Required Initial Investment
Additional Needed Today:
$62,974.44
Total Principal:
$92,974.00
Total Interest:
$507,026.00
Retirement Withdrawal Estimator
Estimate how much income you can safely withdraw after you retire without running out of money too soon.
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Retirement Balance:
$753,779.31
Balance in Today's Dollars:
$292,720.42
Growing Monthly Withdrawal:
$4,523.81
Today's Value of Growing Withdrawal:
$1,756.76
Fixed Monthly Withdrawal:
$5,647.69
Today's Value at Retirement:
$2,193.21
Today's Value at End of Life:
$1,288.28
How Long Will Your Retirement Savings Last?
See how long your savings can last based on your planned monthly withdrawal and expected investment return.
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Years Your Savings May Last: 12.5
Other Ways to Withdraw Your Retirement Money
| Withdrawal Duration (years) | Withdrawal Amount (monthly) |
|---|---|
| 5 | $11,555.39 |
| 10 | $6,613.44 |
| 15 | $5,011.76 |
| 20 | $4,243.75 |
| 25 | $3,807.73 |
| 30 | $3,536.22 |
Compare Your Retirement Plan vs. Your Goal
Compare your projected retirement savings to what's required to meet your income needs after retirement. See if you're on track or need to adjust your savings rate.
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General Information
Earnings & Contributions
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%
Retirement Income Needs
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Market Assumptions
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On track to retire?: Off Track
Projection Based on Current Savings
Projected Savings when you retire:
$1,098,539.00
Retirement Goal
Required Retirement Balance:
$1,818,614.88
Required Retirement Savings in Today:
$281,807.83
Annual Retirement Spending in Today:
$52,500.00
Annual Retirement Spending at Retirement Age:
$135,191.84
Required Contributions to Reach Your Goal
Required Annual Contribution:
$17,878.94
Required Savings Rate:
17.957%