How to use this calculator
Use the four calculators below to plan different aspects of your retirement. Start with "How much do you need to retire?" to get a complete picture, then use the other tools to fine-tune your savings strategy.
How much do you need to retire?
Estimate your retirement savings based on your current income, savings rate, and investment return.
Assumptions
Optional
How can you save for retirement?
Calculate how much you need to save each month/year to reach your retirement savings target.
How much can you withdraw after retirement?
Estimate the monthly amount you can withdraw throughout retirement based on your savings and contributions.
How long can your money last?
Estimate how many years your retirement savings will last at a given monthly withdrawal rate.
About Retirement Planning
Retirement planning involves setting aside enough money during your working years to support yourself financially after you stop working. The key factors are how much you save, how long you save, and the return on your investments.
The 10% Rule suggests saving 10–15% of pre-tax income annually. Starting at age 25, this can build a $1M+ nest egg by retirement.
The 80% Rule suggests you'll need 70–80% of your pre-retirement income to maintain your standard of living in retirement.
The 4% Rule is a common withdrawal guideline: divide your annual income need by 4% to estimate the nest egg required. For example, needing $60,000/year means a $1.5M target.
Related Calculators
Retirement Tips
- →Start saving early — compound interest is most powerful over long time horizons.
- →Always contribute enough to get your employer's full 401(k) match — it's free money.
- →Diversify investments and rebalance annually to manage risk as you approach retirement.
- →Account for inflation — $1,000/month today will have less purchasing power in 30 years.
Calculate compound interest growth on your savings.