Retirement Calculator
Estimate how much you need to save for retirement and whether you are on track.
Calculator
At age 65, you would have $1,015,810.37. Using the 4% rule, that's $40,632.41 per year.
Nest egg at retirement
$1,015,810.37
Total contributions
$230,000
Investment growth
$785,810.37
Annual income (4% rule)
$40,632.41
Projection
What is retirement?
This retirement calculator projects your nest egg at retirement age based on current savings, monthly contributions, expected returns, and years to retirement.
Example
A 35-year-old with $50,000 saved, contributing $500/month at 7% until age 65, would have about $810,000.
Money-saving tips
- •Aim to save 15% of your income for retirement.
- •Take advantage of employer 401(k) matches — it's free money.
- •Increase contributions with every raise.
Common mistakes
- •Cashing out retirement accounts when changing jobs.
- •Underestimating how long you'll live and how much you'll need.
Financial definitions
- 4% rule
- A guideline suggesting you can withdraw 4% of your portfolio annually in retirement.
- Nest egg
- The total amount saved for retirement.
Frequently asked questions
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Estimated reading time: 7 min