Retirement Savings Calculator
Small monthly amounts grow into a large balance over decades. See what your current pace could add up to and the yearly income it might support.
Results
How it works
Balance at retirement = saved x (1 + r)^n + monthly x ((1 + r)^n - 1) / r, with r = return / 12 and n = months until retirement. Yearly income = balance x withdrawal rate.
FAQ
Is this in today's dollars?
No. It is a nominal projection. Use the inflation calculator to see what the result is worth in today's money.
What return should I use?
Use a cautious rate. Investments go up and down, and nothing here is guaranteed.
What is the 4% rule?
A rule of thumb that withdrawing about 4% in the first year has historically lasted around 30 years. It is a guide, not a promise.
Related calculators
Estimates, not tax or financial advice. Check important numbers with a qualified professional.