Retirement Calculator
Calculate how much you need to save for retirement and see if your current savings are on track.
Critical Shortfall
Based on your current savings growing at 7% annually
Total Savings Needed
$0.00
For $50,000.00/year
Your Savings Will Grow To
$0.00
By age 65
Years to Retirement
0
Retirement Duration
0 years
At 4% withdrawal rate
Expected Annual Pension:
$15,000.00
Pension Starts:
Age 67
Coverage:
Immediate
Good news: Your pension will reduce your required savings by covering $15,000.00 of your annual income goal.
Congratulations! Your current savings are sufficient to meet your retirement goal.
Your $10,000.00 will grow to $0.00 by retirement, which can support $50,000.00 annual income for 0 years.
The 4% Rule
We use the widely accepted 4% withdrawal rule, which suggests you can safely withdraw 4% of your retirement savings annually.
For $50,000.00/year:
You need: $50,000.00 ÷ 4% = $0.00
Your Projections
Retirement Duration
At a 4% withdrawal rate, your retirement savings should last approximately 0 years. This is based on historical market performance and is designed to preserve your capital throughout retirement.