Retirement Planning Calculator
Plan your retirement by calculating how much you need to save and when you can retire.
Your Retirement Plan
Retirement Summary
Retirement Age
65
years old
Years Until Retirement
35
years
Retirement Duration
20
years
Projected Retirement Savings
$1,200,000
at retirement
Monthly Retirement Income
$4,000
in today's dollars
Retirement Savings Projection
Detailed Analysis
| Total Contributions Until Retirement: | $210,000 |
| Investment Growth Until Retirement: | $940,000 |
| Annual Retirement Income Needed: | $48,000 |
| Retirement Savings Goal: | $960,000 |
| Savings Progress: | 125% of goal |
| Estimated Savings Depletion Age: | 95 years |
Recommendations
Based on your inputs, you're on track to meet your retirement goals. Consider increasing your monthly contributions to provide an additional buffer.
How to Use
- Enter your current age and planned retirement age.
- Input your current retirement savings and monthly contributions.
- Specify your current annual income.
- Adjust advanced settings if needed (investment returns, inflation, etc.).
- Click "Calculate Retirement Plan" to see your personalized retirement projection.
About This Calculator
Our Retirement Calculator helps you plan for your financial future by estimating how much you need to save for retirement and whether you're on track to meet your goals.
Features:
- Personalized retirement age calculation
- Projected retirement savings
- Monthly retirement income estimation
- Visual savings growth projection
- Detailed financial analysis
- Customizable assumptions
This calculator provides estimates based on the information you provide. Actual results may vary based on market conditions, changes in your financial situation, and other factors.