Plan your financial future with confidence. See how your savings will grow and what you'll have when you retire.
That's $6,000 per year
Historical S&P 500 average: ~10% (before inflation)
Historical average: ~3% per year
In 35 years when you turn 65
* Based on 22% tax bracket for traditional 401(k)/IRA contributions
The 4% rule is a common guideline, but it balances income with longevity.
Input your current age, target retirement age, existing savings, and monthly contribution amount.
Our calculator uses the power of compound interest to show how your money grows exponentially over time.
Instantly see your projected retirement savings and estimated monthly retirement income.
Financial experts recommend investing at least 15% of your gross household income for retirement. This includes any employer match you receive.
Time is your greatest asset when saving for retirement. Starting 10 years earlier could mean hundreds of thousands more in your retirement account.
If your employer offers a 401(k) match, contribute at least enough to get the full match. It's essentially free money for your retirement.
Regular, consistent contributions matter more than timing the market. Set up automatic transfers to make saving effortless.
The historical average return of the S&P 500 is around 10% before inflation. However, many financial planners suggest using 6-7% as a more conservative estimate that accounts for inflation.
The 4% rule is a guideline suggesting you can safely withdraw 4% of your retirement savings per year without running out of money over a 30-year retirement. This is how we estimate your monthly retirement income.
A common rule of thumb is to save 10-15% of your pre-tax income for retirement. However, the right amount depends on when you start saving, your retirement goals, and other income sources like Social Security.
This calculator shows nominal (not inflation-adjusted) values. To account for inflation, you can use a lower expected return rate (e.g., 4-5% instead of 7-10%) to see real purchasing power.
This calculator focuses on your personal savings. Social Security benefits would be additional income in retirement. Many financial advisors recommend planning as if Social Security will cover less than you expect.
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Expert articles on the 4% rule, early retirement strategies, and more.
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