Retirement Calculator
Estimate how much you need to save for retirement and how long your savings will last.
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How to use this tool?
Follow these steps to use the Retirement Calculator:
- Enter your current age (e.g., 30).
- Enter your desired retirement age (must be greater than current age).
- Enter your current retirement savings in dollars (e.g., 50000).
- Enter your monthly contribution in dollars (e.g., 500).
- Enter your expected annual return as a percentage (e.g., 6 for 6%).
- Enter your life expectancy (must be greater than retirement age).
- Click "Calculate" to see results.
Results show:
- Total savings at retirement (future value).
- Estimated monthly income during retirement.
- How long your savings will last (in months and years).
All monetary values are in US dollars. Use numbers only (no commas or symbols).
Previous Results
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Frequently Asked Questions
A retirement calculator estimates the future value of your savings and contributions, and how much monthly income you can expect during retirement based on your inputs.
This calculator provides estimates based on constant returns and contributions. Actual market returns may vary, so use it as a planning tool.
You can enter 0 for current savings. The calculator will still project future value based on your monthly contributions.