Are you aware of the necessary steps to build a solid foundation for your retirement? Look no further than our reliable retirement calculator, designed to assist you in creating a comprehensive retirement plan. Gain valuable insights into your retirement savings balance and accurately calculate your annual withdrawals.
Calculate your retirement savings and more
Retirement income inputs Retire at age 65 with 10% of annual savings
Current Age
This is the age you are currently.
Retirement Age
This is the age you plan to retire.
Annual After-Tax Income
This is your annual after-tax income before retirement.
Current Savings
Total amount that you currently have saved toward your retirement. Include all sources of retirement savings such as 401(k)s, IRAs and annuities.
Expected Monthly Spending
This is your estimated monthly budget. According to many experts, the common baseline of retirement spending is 25x current monthly spending, which could make you feel confident about retiring.
Years of Retiremnent
Number of years you expect to live in retirement.
Annual Savings
This is the percentage of your income prepared for the retirement.
Investment returns, taxes and inflation 7% pre-retirement, 4% in retirement, 2.9% inflation
Rate of Inflation
The rate of inflation you expect to experience.
Investment Returns Before Retirement
This is the rate of return you expect to earn on your investments before your entire retirement.
Investment Returns During Retirement
This is the rate of return you expect to earn on your investments in your retirement.