Retirement Calculator
Calculate how much you need to save for retirement. See how compound interest and regular contributions grow your wealth.
How It Works
We calculate the future value of your current savings plus the future value of your monthly contributions, both growing at your expected annual return rate. The 4% rule estimates your sustainable monthly income in retirement.
Example
If you're 30 years old with $50,000 saved and contribute $500/month at 7% return, by age 65 you'll have approximately $1.2 million.
Frequently Asked Questions
How much do I need to save for retirement?
A common rule is to save 15% of your income. The 4% rule suggests you need 25 times your annual expenses saved.
What is a good retirement savings goal?
Many experts recommend having 10-12 times your final salary saved by retirement. This varies based on your lifestyle and location.
When should I start saving for retirement?
Start as early as possible. Thanks to compound interest, starting 10 years earlier can nearly double your retirement savings.