🏖️ Retirement Calculator

Plan your retirement savings and estimate how much you need to save for a comfortable retirement

Current Age

Retirement Age

Current Retirement Savings ($)

401k, IRA, pension, etc.

Monthly Contribution ($)

Amount you save monthly for retirement

Expected Annual Return (%)

Conservative: 5-6%, Moderate: 7-8%, Aggressive: 9-10%

Expected Inflation (%)

Historical average: 3%

Monthly Retirement Income Needed ($)

In today's dollars

Life Expectancy

Average life expectancy is 85-90

Expected Social Security ($/month)

Average Social Security benefit: $1,800/month

Retirement Savings at 65

At age 65

Monthly Income in Retirement

For 25 years

Savings Shortfall/Excess

Status

Required Monthly Savings

To meet your goal

If you save 10% more

Additional retirement savings

If you retire 5 years later

Extra compounding benefit

If return is 1% higher

Boost to retirement savings

Starting to save $500/month at age 25 instead of 35 could mean over $1 million more at retirement!