Retirement Calculator
Planning for Retirement
Retirement planning is one of the most important financial decisions you'll make. Our calculator helps you understand how much you need to save, project your future nest egg, and determine if you're on track to achieve your retirement goals.
The 4% Rule Explained
The 4% rule is a widely-used guideline suggesting you can withdraw 4% of your retirement savings in the first year, then adjust for inflation each year after. This approach has historically provided a high probability of your savings lasting 30 years.
| Retirement Savings | Annual Withdrawal (4%) | Monthly Income |
|---|---|---|
| $500,000 | $20,000 | $1,667 |
| $1,000,000 | $40,000 | $3,333 |
| $1,500,000 | $60,000 | $5,000 |
| $2,000,000 | $80,000 | $6,667 |
Key Retirement Planning Factors
- Time horizon: The more years until retirement, the more time for compound growth
- Contribution rate: Aim to save 15-20% of income for retirement
- Investment returns: Higher returns accelerate growth but come with more risk
- Inflation: Your money will buy less in the future due to rising prices
- Social Security: Factor in expected benefits (not included in this calculator)
Frequently Asked Questions
How much do I need to retire?
A common rule of thumb is to save 25 times your desired annual retirement income. So if you want $50,000/year, aim for $1.25 million. This aligns with the 4% withdrawal rule.
What return rate should I assume?
Historical stock market returns average around 10% before inflation, or 7% after. A conservative estimate of 6-7% accounts for a diversified portfolio and potential lower future returns.
When should I start saving for retirement?
As early as possible. Thanks to compound interest, $200/month starting at age 25 grows more than $400/month starting at age 35, assuming the same retirement age.
Should I include Social Security in my planning?
Social Security can supplement your retirement income. Check your estimated benefits at ssa.gov, but it's wise to plan as if you'll need to fund most of retirement yourself.
What if I'm behind on retirement savings?
Increase contributions, consider working a few years longer, reduce expenses, or adjust retirement expectations. Even small increases in savings can make a significant difference over time.
How does inflation affect retirement planning?
Inflation erodes purchasing power over time. A 3% annual inflation rate means $50,000 today will feel like $37,000 in 10 years. Use inflation-adjusted returns (real returns) and plan for 2-3% annual inflation when calculating retirement needs.
What are the best retirement accounts to use?
Prioritize employer 401(k) with matching (free money!), then max out Roth IRA ($7,000/year for 2024), then return to 401(k). HSAs offer triple tax benefits if eligible. Each account has unique tax advantages based on your situation.
Can I retire early with the FIRE method?
Financial Independence, Retire Early (FIRE) is achievable by saving 50-70% of income and living frugally. You need 25-30x annual expenses saved. The 4% rule still applies, but consider healthcare costs before Medicare at age 65.
I nostri esperti hanno selezionato
Prodotti Consigliati
Aggiornato Febbraio 2026 · Testati e verificati
HP 12C Financial Calculator
💡 Perché lo consigliamo
Professional calculator for retirement planning and investment calculations
Filing Cabinet Organizer with Folders
Organize retirement statements, investment records, and financial documents
🔗 Link affiliato Amazon — supporti CalcFast senza costi aggiuntivi
Texas Instruments BA II Plus Financial Calculator
Advanced calculator for retirement savings and compound interest calculations
🔗 Link affiliato Amazon — supporti CalcFast senza costi aggiuntivi
🔗 Link affiliato Amazon — supporti CalcFast senza costi aggiuntivi