Retirement Calculator
Plan your retirement with this comprehensive calculator. Estimate how much you need to save, how much you can withdraw, and how long your savings will last.
How much do you need to retire?
This calculator can help with planning the financial aspects of your retirement, such as providing an idea where you stand in terms of retirement savings, how much to save to reach your target, and what your withdrawals will look like in retirement.
Assumptions
Optional
Total savings needed at retirement
$1,873,173
Projected savings at retirement
$1,831,943
Retirement savings gap
$41,231
How can you save for retirement?
This calculation presents potential savings plans based on desired savings at retirement.
Monthly savings needed
$342.36
Save this amount each month to reach your goal
How much can you withdraw after retirement?
This calculation estimates the amount a person can withdraw every month in retirement.
Estimated monthly withdrawal
$4,659.17
You can withdraw this amount each month in retirement
How long can your money last?
This calculator estimates how long your savings can last at a given withdrawal rate.
Your savings will last
15 years and 4 months
Approximately 184 months total
Frequently Asked Questions
Comprehensive Retirement Planning
Planning for retirement involves understanding how much you need to save, how your investments will grow, and how much you can safely withdraw. This calculator provides estimates across all these dimensions to help you build a clearer picture of your retirement future.
Use the different sections to explore various scenarios: start with estimating your total retirement need, then determine how much to save each month, estimate your monthly withdrawals, and finally check how long your savings might last.