Retirement Calculator
Project your retirement savings, estimate monthly income, and see if you're on track to retire comfortably.
Savings at Retirement
$1.09M
in today's dollars
Monthly Income (4% Rule)
$3,618.61
sustainable withdrawal
Status
Shortfall
$-381.39/mo gap
Savings Last
55 years
runs out at age 120
4% Rule Income: $3,618.61/moDesired: $4,000.00/mo
Only 90% of desired income covered
Savings Growth & Drawdown Chart
Age 31
$64,192.60
Age 32
$78,946.28
Age 33
$94,283.23
Age 34
$110,226.51
Age 35
$126,800.09
Age 36
$144,028.88
Age 37
$161,938.78
Age 38
$180,556.74
Age 39
$199,910.73
Age 40
$220,029.85
Age 41
$240,944.36
Age 42
$262,685.69
Age 43
$285,286.54
Age 44
$308,780.89
Age 45
$333,204.05
Age 46
$358,592.76
Age 47
$384,985.17
Age 48
$412,420.97
Age 49
$440,941.41
Age 50
$470,589.37
Age 51
$501,409.42
Age 52
$533,447.90
Age 53
$566,752.98
Age 54
$601,374.74
Age 55
$637,365.22
Age 56
$674,778.54
Age 57
$713,670.94
Age 58
$754,100.91
Age 59
$796,129.22
Age 60
$839,819.07
Age 61
$885,236.14
Age 62
$932,448.71
Age 63
$981,527.77
Age 64
$1,032,547.11
--- Retirement at age 65 ---
Age 65
$1,085,583.43
Age 66
$1,079,636.91
Age 67
$1,073,455.29
Age 68
$1,067,029.30
Age 69
$1,060,349.26
Age 70
$1,053,405.14
Age 71
$1,046,186.49
Age 72
$1,038,682.46
Age 73
$1,030,881.77
Age 74
$1,022,772.68
Age 75
$1,014,343.02
Age 76
$1,005,580.10
Age 77
$996,470.75
Age 78
$987,001.27
Age 79
$977,157.43
Age 80
$966,924.43
Age 81
$956,286.87
Age 82
$945,228.78
Age 83
$933,733.52
Age 84
$921,783.80
Age 85
$909,361.67
Age 86
$896,448.45
Age 87
$883,024.72
Age 88
$869,070.30
Age 89
$854,564.22
Age 90
$839,484.65
Age 91
$823,808.93
Age 92
$807,513.49
Age 93
$790,573.83
Age 94
$772,964.49
Age 95
$754,658.98
Age 96
$735,629.79
Age 97
$715,848.31
Age 98
$695,284.79
Age 99
$673,908.31
Age 100
$651,686.75
Age 101
$628,586.68
Age 102
$604,573.39
Age 103
$579,610.76
Age 104
$553,661.26
Age 105
$526,685.89
Age 106
$498,644.08
Age 107
$469,493.67
Age 108
$439,190.84
Age 109
$407,690.03
Age 110
$374,943.87
Age 111
$340,903.13
Age 112
$305,516.64
Age 113
$268,731.19
Age 114
$230,491.48
Age 115
$190,740.01
Age 116
$149,417.01
Age 117
$106,460.37
Age 118
$61,805.48
Age 119
$15,385.23
Age 120
$0.00
Accumulation
Drawdown
Year-by-Year Projection
| Age | Phase | Contributions | Growth | Withdrawal | Balance |
|---|---|---|---|---|---|
| 31 | Saving | $12,000.00 | $2,192.60 | - | $64,192.60 |
| 32 | Saving | $12,000.00 | $2,753.68 | - | $78,946.28 |
| 33 | Saving | $12,000.00 | $3,336.95 | - | $94,283.23 |
| 34 | Saving | $12,000.00 | $3,943.28 | - | $110,226.51 |
| 35 | Saving | $12,000.00 | $4,573.58 | - | $126,800.09 |
| 36 | Saving | $12,000.00 | $5,228.79 | - | $144,028.88 |
| 37 | Saving | $12,000.00 | $5,909.91 | - | $161,938.78 |
| 38 | Saving | $12,000.00 | $6,617.95 | - | $180,556.74 |
| 39 | Saving | $12,000.00 | $7,353.99 | - | $199,910.73 |
| 40 | Saving | $12,000.00 | $8,119.12 | - | $220,029.85 |
| 41 | Saving | $12,000.00 | $8,914.51 | - | $240,944.36 |
| 42 | Saving | $12,000.00 | $9,741.34 | - | $262,685.69 |
| 43 | Saving | $12,000.00 | $10,600.85 | - | $285,286.54 |
| 44 | Saving | $12,000.00 | $11,494.35 | - | $308,780.89 |
| 45 | Saving | $12,000.00 | $12,423.16 | - | $333,204.05 |
| 46 | Saving | $12,000.00 | $13,388.70 | - | $358,592.76 |
| 47 | Saving | $12,000.00 | $14,392.41 | - | $384,985.17 |
| 48 | Saving | $12,000.00 | $15,435.80 | - | $412,420.97 |
| 49 | Saving | $12,000.00 | $16,520.44 | - | $440,941.41 |
| 50 | Saving | $12,000.00 | $17,647.96 | - | $470,589.37 |
| 51 | Saving | $12,000.00 | $18,820.05 | - | $501,409.42 |
| 52 | Saving | $12,000.00 | $20,038.48 | - | $533,447.90 |
| 53 | Saving | $12,000.00 | $21,305.08 | - | $566,752.98 |
| 54 | Saving | $12,000.00 | $22,621.76 | - | $601,374.74 |
| 55 | Saving | $12,000.00 | $23,990.48 | - | $637,365.22 |
| 56 | Saving | $12,000.00 | $25,413.32 | - | $674,778.54 |
| 57 | Saving | $12,000.00 | $26,892.41 | - | $713,670.94 |
| 58 | Saving | $12,000.00 | $28,429.97 | - | $754,100.91 |
| 59 | Saving | $12,000.00 | $30,028.31 | - | $796,129.22 |
| 60 | Saving | $12,000.00 | $31,689.85 | - | $839,819.07 |
| 61 | Saving | $12,000.00 | $33,417.07 | - | $885,236.14 |
| 62 | Saving | $12,000.00 | $35,212.57 | - | $932,448.71 |
| 63 | Saving | $12,000.00 | $37,079.06 | - | $981,527.77 |
| 64 | Saving | $12,000.00 | $39,019.34 | - | $1,032,547.11 |
| 65 | Saving | $12,000.00 | $41,036.32 | - | $1,085,583.43 |
| 66 | Retired | - | $42,053.48 | $48,000.00 | $1,079,636.91 |
| 67 | Retired | - | $41,818.39 | $48,000.00 | $1,073,455.29 |
| 68 | Retired | - | $41,574.01 | $48,000.00 | $1,067,029.30 |
| 69 | Retired | - | $41,319.96 | $48,000.00 | $1,060,349.26 |
| 70 | Retired | - | $41,055.88 | $48,000.00 | $1,053,405.14 |
| 71 | Retired | - | $40,781.35 | $48,000.00 | $1,046,186.49 |
| 72 | Retired | - | $40,495.97 | $48,000.00 | $1,038,682.46 |
| 73 | Retired | - | $40,199.31 | $48,000.00 | $1,030,881.77 |
| 74 | Retired | - | $39,890.92 | $48,000.00 | $1,022,772.68 |
| 75 | Retired | - | $39,570.34 | $48,000.00 | $1,014,343.02 |
| 76 | Retired | - | $39,237.08 | $48,000.00 | $1,005,580.10 |
| 77 | Retired | - | $38,890.65 | $48,000.00 | $996,470.75 |
| 78 | Retired | - | $38,530.52 | $48,000.00 | $987,001.27 |
| 79 | Retired | - | $38,156.16 | $48,000.00 | $977,157.43 |
| 80 | Retired | - | $37,767.00 | $48,000.00 | $966,924.43 |
| 81 | Retired | - | $37,362.45 | $48,000.00 | $956,286.87 |
| 82 | Retired | - | $36,941.91 | $48,000.00 | $945,228.78 |
| 83 | Retired | - | $36,504.74 | $48,000.00 | $933,733.52 |
| 84 | Retired | - | $36,050.29 | $48,000.00 | $921,783.80 |
| 85 | Retired | - | $35,577.87 | $48,000.00 | $909,361.67 |
| 86 | Retired | - | $35,086.78 | $48,000.00 | $896,448.45 |
| 87 | Retired | - | $34,576.27 | $48,000.00 | $883,024.72 |
| 88 | Retired | - | $34,045.58 | $48,000.00 | $869,070.30 |
| 89 | Retired | - | $33,493.91 | $48,000.00 | $854,564.22 |
| 90 | Retired | - | $32,920.43 | $48,000.00 | $839,484.65 |
| 91 | Retired | - | $32,324.28 | $48,000.00 | $823,808.93 |
| 92 | Retired | - | $31,704.56 | $48,000.00 | $807,513.49 |
| 93 | Retired | - | $31,060.34 | $48,000.00 | $790,573.83 |
| 94 | Retired | - | $30,390.66 | $48,000.00 | $772,964.49 |
| 95 | Retired | - | $29,694.49 | $48,000.00 | $754,658.98 |
| 96 | Retired | - | $28,970.81 | $48,000.00 | $735,629.79 |
| 97 | Retired | - | $28,218.51 | $48,000.00 | $715,848.31 |
| 98 | Retired | - | $27,436.48 | $48,000.00 | $695,284.79 |
| 99 | Retired | - | $26,623.53 | $48,000.00 | $673,908.31 |
| 100 | Retired | - | $25,778.44 | $48,000.00 | $651,686.75 |
| 101 | Retired | - | $24,899.94 | $48,000.00 | $628,586.68 |
| 102 | Retired | - | $23,986.70 | $48,000.00 | $604,573.39 |
| 103 | Retired | - | $23,037.37 | $48,000.00 | $579,610.76 |
| 104 | Retired | - | $22,050.50 | $48,000.00 | $553,661.26 |
| 105 | Retired | - | $21,024.63 | $48,000.00 | $526,685.89 |
| 106 | Retired | - | $19,958.19 | $48,000.00 | $498,644.08 |
| 107 | Retired | - | $18,849.59 | $48,000.00 | $469,493.67 |
| 108 | Retired | - | $17,697.17 | $48,000.00 | $439,190.84 |
| 109 | Retired | - | $16,499.19 | $48,000.00 | $407,690.03 |
| 110 | Retired | - | $15,253.84 | $48,000.00 | $374,943.87 |
| 111 | Retired | - | $13,959.27 | $48,000.00 | $340,903.13 |
| 112 | Retired | - | $12,613.51 | $48,000.00 | $305,516.64 |
| 113 | Retired | - | $11,214.55 | $48,000.00 | $268,731.19 |
| 114 | Retired | - | $9,760.29 | $48,000.00 | $230,491.48 |
| 115 | Retired | - | $8,248.53 | $48,000.00 | $190,740.01 |
| 116 | Retired | - | $6,677.01 | $48,000.00 | $149,417.01 |
| 117 | Retired | - | $5,043.35 | $48,000.00 | $106,460.37 |
| 118 | Retired | - | $3,345.12 | $48,000.00 | $61,805.48 |
| 119 | Retired | - | $1,579.75 | $48,000.00 | $15,385.23 |
| 120 | Retired | - | $614.77 | $16,000.00 | $0.00 |
Planning Your Path to Retirement
Retirement planning requires balancing current contributions against future income needs. This calculator uses inflation-adjusted (real) returns so all values are shown in today's purchasing power. The 4% withdrawal rule provides a sustainable income benchmark, while the year-by-year projection helps you visualize both the growth and drawdown phases of your retirement journey. Start early, contribute consistently, and adjust your plan as your circumstances change.
Planning for a Comfortable Retirement
Retirement planning is one of the most impactful financial exercises you can undertake. The earlier you start, the less you need to save each month thanks to compound growth. A 25-year-old who saves $500 per month at a 7% return will have roughly $1.2 million by age 65, while a 35-year-old needs to save nearly $1,100 per month to reach the same goal. This calculator projects your savings growth through the accumulation phase and models how long your nest egg will last during retirement, giving you a complete picture of your financial trajectory.
Understanding the 4% Withdrawal Rule
The 4% rule, derived from the famous Trinity Study, suggests that retirees can withdraw 4% of their portfolio in the first year of retirement and adjust for inflation each subsequent year with a high likelihood of not outliving their savings over a 30-year period. While not perfect, it remains the most widely used benchmark for retirement income planning. If your projected savings generate more than your desired monthly income using this rule, you are considered on track. If there is a shortfall, you may need to increase contributions, delay retirement, or adjust your expected lifestyle.
Adjusting for Inflation and Real Returns
All projections in this calculator are shown in today's dollars by using the real rate of return, which subtracts expected inflation from your nominal investment return. This means the amounts displayed reflect actual purchasing power rather than inflated future dollars. For example, a 7% nominal return with 3% inflation yields roughly a 4% real return. This approach makes it much easier to compare projected retirement income against your current expenses and lifestyle needs without needing to guess what a dollar will be worth decades from now. If you are still building toward a specific savings milestone, our Savings Goal Calculator can show you the monthly contributions needed. Our Net Worth Calculator is also a great companion for tracking your overall financial position as you progress toward retirement.
Frequently Asked Questions
What is the 4% rule?
The 4% rule is a guideline suggesting you can withdraw 4% of your retirement savings annually (adjusted for inflation) with a high probability your money lasts 30 years. It's based on historical stock and bond market performance and is widely used as a starting point for retirement planning.
How does inflation affect my retirement plan?
Inflation erodes purchasing power over time. This calculator uses a real rate of return (nominal return minus inflation) so all projections are shown in today's dollars. This gives you a more realistic picture of what your savings will actually buy in retirement.
What annual return should I assume?
A 7% nominal return (roughly 4% after inflation) is a common assumption for a balanced stock-and-bond portfolio. If you're more conservative, use 5-6%. More aggressive investors might use 8-9%. The key is to be realistic and plan conservatively.
How accurate is this projection?
This calculator provides estimates based on fixed assumptions. Real-world returns vary year to year, and factors like taxes, Social Security, pensions, and healthcare costs will affect your actual retirement. Use this as a planning starting point, not a guarantee.