Retirement Calculator
Project your retirement savings and monthly income
Project how your retirement savings might grow by combining what you've already saved, ongoing monthly contributions, an expected return, and the years until you retire.
Nest Egg at Retirement
$1,188,181
In 35 years
Annual Withdrawal
$47,527
At 4% rate
Monthly Income
$3,961
In retirement
How to Use This Calculator
- Enter what you've saved so far.
- Enter how much you add each month.
- Enter the annual return you expect before retiring.
- Enter the years until retirement.
- Review the projected balance and estimated monthly income from it.
Why Use This Calculator?
- Checking whether you're roughly on track.
- Seeing how saving a bit more each month changes the outlook.
- Testing different retirement ages.
Real-World Examples
$200,000 saved, $500/month, 7%, 25 years
With monthly compounding, the balance could reach roughly $1.55 million, combining the growth of your savings and your monthly contributions.
Two pieces growing
Your current savings and your monthly contributions both compound monthly. The estimate sums both. The monthly income figure is a simple percentage of the projected balance (using the withdrawal rate you enter) — it's a quick reference, not a complete drawdown plan.
Frequently Asked Questions
Is the projected income guaranteed?
No. It depends on the balance, future returns, how long you need it to last, and whether you annuitize or draw down gradually.
Does it include Social Security or a pension?
No. This only projects your own savings and contributions.
What return should I use?
That's your assumption. Many planners use conservative figures for pre-retirement projections, but past performance doesn't guarantee future results.
Important Disclaimer
Projections are hypothetical and assume steady returns, constant contributions, and no taxes, fees, or inflation. They are not retirement, tax, or investment advice. Consult a qualified financial professional for planning.
Privacy
Your entries stay in your browser and aren't stored or transmitted.
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