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Retirement Calculator

Plan your retirement savings and see if you are on track to meet your goals

Current Situation

$
$

Retirement Goals

$

In today's dollars

years
%

Annual investment return

%
%

% of your contribution

⚠️ Action Needed

Projected Savings

$1,926,098.54

Required Savings

$3,376,634.95

Surplus/Shortfall

$-1,450,536.4

Years to Retirement

35 years

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Total Contributions

$260,000

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Employer Match

$105,000

Free money!

🎁

Monthly Income

$14,069.31

At retirement (inflation-adjusted)

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Retirement Savings Growth

Recommendations

💡

Increase monthly contributions by $3454 to reach your goal

📌

Consider working 242 additional years

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Reduce expected retirement expenses to match projected savings

Retirement Planning Tips

  • Start early - compound interest is powerful over long periods
  • Take full advantage of employer 401(k) matching - it's free money
  • Max out tax-advantaged accounts (401k, IRA) before taxable accounts
  • Consider a mix of stocks and bonds based on your age
  • Review and increase contributions when you get raises
  • Plan to need 70-80% of your pre-retirement income