Retirement Planning Calculator
Estimate retirement savings, inflation-adjusted income needs and additional monthly saving.
Your results
- Estimated savings needed
- $1,869,972.19
- Projected savings at retirement
- $2,245,242.70
- Savings shortfall
- $0.00
- Additional monthly saving
- $0.00
Calculations run in your browser. Results are estimates where described below.
View full calculation schedule (35 rows)
| age | balance |
|---|---|
| 31 | 65,880.3 |
| 32 | 82,872.22 |
| 33 | 101,053.57 |
| 34 | 120,507.61 |
| 35 | 141,323.44 |
| 36 | 163,596.38 |
| 37 | 187,428.43 |
| 38 | 212,928.71 |
| 39 | 240,214.02 |
| 40 | 269,409.3 |
| 41 | 300,648.25 |
| 42 | 334,073.92 |
| 43 | 369,839.39 |
| 44 | 408,108.45 |
| 45 | 449,056.34 |
| 46 | 492,870.58 |
| 47 | 539,751.81 |
| 48 | 589,914.74 |
| 49 | 643,589.07 |
| 50 | 701,020.6 |
| 51 | 762,472.34 |
| 52 | 828,225.7 |
| 53 | 898,581.8 |
| 54 | 973,862.82 |
| 55 | 1,054,413.51 |
| 56 | 1,140,602.76 |
| 57 | 1,232,825.25 |
| 58 | 1,331,503.31 |
| 59 | 1,437,088.84 |
| 60 | 1,550,065.36 |
| 61 | 1,670,950.23 |
| 62 | 1,800,297.04 |
| 63 | 1,938,698.13 |
| 64 | 2,086,787.3 |
| 65 | 2,245,242.7 |
How the calculation works
Monthly return = (1 + annual return)^(1/12) − 1. Income is inflated to retirement; required savings use end-of-year withdrawals discounted by real return (1 + return)/(1 + inflation) − 1.
Worked example
Age 30 to 31 at 0% with 1,000 initial and 100 saved monthly gives 2,200 at retirement, covering exactly one year of deposits.
Assumptions and limits
Month-end savings and end-of-year retirement withdrawals, constant return and inflation. Zero real return is supported. Pensions, taxes, fees and sequence-of-returns risk are excluded.