Free Retirement Calculator — How Much You Need to Retire
See if you're on track to retire: project your nest egg from current savings, contributions, employer match and return, then check it against the 4% rule and your income goal.
How to use the Retirement Calculator
- Enter Ages: Enter your current age and planned retirement age
- Enter Savings: Enter your current retirement savings balance
- Enter Contribution: Enter your monthly contribution amount
- Enter Return Rate: Enter expected annual return rate
- Calculate: Click Calculate to see your projected retirement savings
Frequently Asked Questions
How much do I need to retire?
A common rule is to save 25x your annual expenses. If you spend $50,000/year, you need $1.25 million. Use our retirement calculator to find your specific number.
When should I start saving for retirement?
Start as early as possible. Starting at 25 vs 35 can double your retirement savings due to compound interest over 10 extra years.
What is the 4% rule for retirement?
The 4% rule suggests withdrawing 4% of your retirement savings per year. With $1 million saved, you can withdraw $40,000/year and your money should last 30+ years.