Retirement Calculator
Plan your retirement by estimating how much you need to save and how long your money will last.
Retirement Fund
$2,376,362
Monthly Income
$7,921
at 4% withdrawal rate
Fund Lasts
~100 years
Until age ~165
Years to Retire
35 years
| Age | Total Contributed | Growth | Balance |
|---|---|---|---|
| 31 | $62,000 | $4,007 | $66,007 |
| 32 | $74,000 | $9,171 | $83,171 |
| 33 | $86,000 | $15,576 | $101,576 |
| 34 | $98,000 | $23,312 | $121,312 |
| 35 | $110,000 | $32,474 | $142,474 |
| 36 | $122,000 | $43,166 | $165,166 |
| 37 | $134,000 | $55,499 | $189,499 |
| 38 | $146,000 | $69,590 | $215,590 |
| 39 | $158,000 | $85,568 | $243,568 |
| 40 | $170,000 | $103,568 | $273,568 |
| 41 | $182,000 | $123,737 | $305,737 |
| 42 | $194,000 | $146,231 | $340,231 |
| 43 | $206,000 | $171,219 | $377,219 |
| 44 | $218,000 | $198,881 | $416,881 |
| 45 | $230,000 | $229,410 | $459,410 |
| 46 | $242,000 | $263,013 | $505,013 |
| 47 | $254,000 | $299,913 | $553,913 |
| 48 | $266,000 | $340,348 | $606,348 |
| 49 | $278,000 | $384,574 | $662,574 |
| 50 | $290,000 | $432,864 | $722,864 |
| 51 | $302,000 | $485,512 | $787,512 |
| 52 | $314,000 | $542,834 | $856,834 |
| 53 | $326,000 | $605,167 | $931,167 |
| 54 | $338,000 | $672,874 | $1,010,874 |
| 55 | $350,000 | $746,343 | $1,096,343 |
| 56 | $362,000 | $825,990 | $1,187,990 |
| 57 | $374,000 | $912,262 | $1,286,262 |
| 58 | $386,000 | $1,005,639 | $1,391,639 |
| 59 | $398,000 | $1,106,633 | $1,504,633 |
| 60 | $410,000 | $1,215,796 | $1,625,796 |
| 61 | $422,000 | $1,333,717 | $1,755,717 |
| 62 | $434,000 | $1,461,031 | $1,895,031 |
| 63 | $446,000 | $1,598,415 | $2,044,415 |
| 64 | $458,000 | $1,746,599 | $2,204,599 |
| 65 | $470,000 | $1,906,362 | $2,376,362 |
Frequently Asked Questions
How much do I need to retire?
A common guideline is to save 25 times your desired annual retirement spending (the 4% rule). For example, if you need $50,000/year in retirement, aim for $1.25 million. Your actual needs depend on lifestyle, healthcare costs, and retirement age.
What is the 4% withdrawal rule?
The 4% rule suggests withdrawing 4% of your retirement savings in the first year, then adjusting for inflation each year after. Historical data shows this approach has a high probability of making your money last 30+ years.
When should I start saving for retirement?
Start as early as possible to maximize compound interest. Starting at 25 vs. 35 with the same monthly contribution can result in nearly twice the retirement fund by age 65, thanks to an extra decade of compounding.
How does inflation affect retirement savings?
Inflation reduces the purchasing power of your savings over time. At 3% inflation, $1 million today will only buy about $412,000 worth of goods in 30 years. Plan for inflation by using real (inflation-adjusted) returns in your calculations.