Retirement Savings Calculator
Estimate whether current savings and monthly contributions may meet a retirement income goal after inflation.
Results show projected savings, estimated need, and shortfall.
Estimated shortfall$3,206,382
Savings at retirement$2,082,635
Estimated retirement need$5,289,017
Extra monthly savings needed$2,231.70
| Inflation-adjusted need | $5,289,017 | Simple income x duration estimate |
|---|
Assumptions
- Does not model taxes, RMDs, Social Security, pensions, health costs, or sequence-of-return risk.
How this calculator works
Formula used
Savings grow by monthly contributions and expected return; need is inflated annual income times retirement duration.
Example calculation
A 35-year-old saving $800 monthly can compare projected retirement savings against desired income over a 30-year retirement.
Retirement Savings Calculator FAQ
Are these retirement and investment calculators financial advice?
No. They are educational planning tools for U.S. users and do not replace advice from a qualified financial, tax, legal, or investment professional.
Why can actual investment results be different?
Actual results can differ because market returns vary, taxes change, fees apply, inflation shifts, and account rules may limit contributions or withdrawals.