Scenario 1
30-year horizon
$50,000 + $500/month at 7% for 30 years → $658,000. Safe annual withdrawal: $26,320.
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Retirement Calculator
Find out if you're saving enough for retirement — before it's too late to change course.
Adjust your inputs
Results update instantly as you type or drag.
0 – 5,000,000
$
0 – 50,000
$
1 – 20
%
7% is a conservative long-term average
1 – 50
Quick insights
Safe annual withdrawal (4%)
$40,632
Total contributed
$230,000
Quick answer
How much do I need to retire?
A common rule is to save 25× your annual expenses (the 4% rule). So if you spend $50,000/year, you need $1.25M.
How it works
From inputs to result in four steps
A quick walkthrough of what this calculator does behind the scenes.
- 1
Enter your current retirement savings.
- 2
Set your monthly contribution.
- 3
Enter your expected annual return (7% is a conservative long-term average).
- 4
Set your current age and retirement age.
Formula
The math behind the number
No black box — here's exactly how the result is computed.
Formula
r = monthly rate
n = months until retirement
Nest egg = P×(1+r)^n + C×((1+r)^n − 1)/r
Safe withdrawal = Nest egg × 0.04
Years of income = Nest egg ÷ Annual expensesExamples
Real-world scenarios
See how the numbers play out for typical use cases.
Scenario 2
Starting early
$0 + $300/month at 7% for 40 years → $792,000. Small early contributions beat large late ones.
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