Finance
Retirement Planner
Are you on track for retirement? See how much you could have when you retire based on your current savings and monthly contributions.
Balance at 65
$2,099,215
35 years of growth
Total Contributions
$445,000
Total Growth
$1,654,215
Frequently asked questions
How much do I need to retire?
A common rule is the 4% rule: your retirement savings should be 25x your annual expenses. For example, if you need $40,000/year in retirement, aim for $1,000,000 saved. This calculator shows your projected balance — compare it to your target.
What return rate should I use?
For a portfolio of 60-70% stocks and 30-40% bonds, a 5-7% annual return after inflation is a reasonable long-term estimate. For more aggressive stock-heavy portfolios, use 7-9%. Be conservative to avoid overestimating.
Does this account for inflation?
No — the projection shows nominal dollars. To account for inflation, reduce your expected return by 2-3% (the historical average inflation rate). This gives you a rough 'inflation-adjusted' estimate of your purchasing power at retirement.
How often should I save for retirement?
Consistency matters more than amounts. Even small monthly contributions add up dramatically over decades thanks to compound growth. Aim to increase your contributions by 1-2% each year or whenever you get a raise.
Plan your retirement savings with our free retirement planner. Enter your current age, retirement age, existing savings, monthly contributions, and expected return rate to see your projected retirement balance.
Understand how much you'll have at retirement, how much comes from your own contributions, and how much comes from investment growth. Adjust the numbers to find a savings strategy that works for you.