Retirement Calculator
Project retirement savings growth, estimate your target nest egg, and test whether your plan supports long-term income needs.
Retirement Calculator for Savings and Income Planning
This calculator projects your future retirement balance from current savings and monthly contributions, adjusts spending targets for inflation, and estimates whether your nest egg can support your retirement horizon.
Projecting Future Savings
Future savings are modeled using compound growth on existing assets plus recurring monthly contributions. Higher contribution rates and longer time horizons can have a substantial compounding effect.
Estimating Required Nest Egg
A common planning approach divides projected annual portfolio spending need by a withdrawal rate. For example, at a 4% withdrawal rate, a $80,000 annual portfolio need implies about a $2,000,000 target.
Inflation and Longevity Risk
Inflation can significantly raise future spending requirements. This tool also simulates retirement withdrawals through life expectancy so you can test whether the portfolio may deplete early under your assumptions.
Frequently Asked Questions
What is a reasonable retirement withdrawal rate?
Many plans start near 4%, but suitable rates vary by portfolio mix, time horizon, and risk tolerance.
Why are inflation-adjusted needs higher?
Because the same lifestyle costs more in future dollars. Planning without inflation can understate required savings.
Can market returns differ from assumptions?
Yes. Actual returns are uncertain and sequence of returns can significantly impact retirement outcomes.
Is this financial advice?
No. This tool provides estimates for planning and education. Consult a qualified advisor for personalized guidance.