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Retirement Savings Calculator
Enter your current age, target retirement age, current savings, and monthly contributions to see if you're on track for a comfortable retirement.
The Earlier You Start, The Less You Need to Save
Someone who starts saving $500/month at age 25 will have more at 65 than someone who saves $1,000/month starting at 35 — despite contributing less total money. This is the magic of compound growth over 40 years vs. 30. Even if you're starting late, every year counts. Increasing your savings rate by just 1% of income can add tens of thousands to your retirement fund.
Frequently Asked Questions
How much do I need to retire?
A common guideline is 25× your desired annual retirement spending. If you want $60,000/year, aim for $1.5 million. This follows the 4% safe withdrawal rate studied in the Trinity Study.
What rate of return should I assume?
For a diversified stock/bond portfolio, 6-8% is a reasonable long-term assumption before inflation. Conservative planners use 5-6% to build in a safety margin.
Should I include Social Security?
Social Security can supplement your savings. The average benefit is ~$1,900/month in 2026. Check ssa.gov for your estimated benefit, but plan as if it's a bonus rather than your primary income.
