🏖️ Retirement Calculator
Calculate how much you need to retire
How Retirement Calculation Works
Formula
Needed = Annual Expenses × 25 (4% rule)
- 1Enter your current age, retirement age, and life expectancy.
- 2Enter your current savings and monthly contributions.
- 3Enter your expected annual return rate and inflation rate.
- 4The calculator projects your savings at retirement age.
- 5It compares projected savings to your estimated retirement needs.
About Retirement Calculator
Calculate how much you need to retire comfortably. Estimate retirement savings based on current age, income, savings rate, and expected return. Plan for financial independence.
Frequently Asked Questions
What is the 4% rule?
The 4% rule states that you can withdraw 4% of your retirement savings annually without running out of money for at least 30 years. To use it, multiply your desired annual spending by 25 to find your target savings.
How much do I need to retire?
A common rule of thumb is 25× your annual expenses. If you spend $50,000/year, you'd need $1.25 million. This assumes a 4% withdrawal rate. Adjust for healthcare costs, inflation, and lifestyle changes.
When should I start saving for retirement?
As early as possible. Starting at 25 instead of 35 can nearly double your retirement savings due to compound interest. Even small contributions in your 20s have a massive long-term impact.