See if you're on track for retirement. Enter your current savings, monthly contributions, and expected returns to find out how much you'll have when you retire.
Used for 4% rule comparison
Projected Savings at Retirement
$1,475,835
Total Contributions
$260,000
Investment Growth
$1,215,835
Monthly Income (4% Rule)
$4,919/mo
On track! Your projected savings exceed the $1,250,000 needed for your income goal.
Age 39
$169k
9 years
Age 48
$391k
18 years
Age 65
$1.5M
35 years
Projected
$1.5M
Needed (4% Rule)
$1.3M
Monthly from Savings
$5k
based on 4% rule
Desired Monthly
$4k
your target
$100k
Age 35 (5 years)
$500k
Age 51 (21 years)
$1.0M
Age 60 (30 years)
$2.0M
Age 70 (40 years) (after retirement)
You're saving $6k/year, which is less than 15% of your desired retirement income. Most financial planners recommend saving at least 15-20% of your income for retirement. Start by increasing contributions by 1-2% each year until you reach your target.
If your employer offers a 401(k) match, contributing at least enough to get the full match is an immediate 50-100% return on that money. This is the single highest-return financial move most people can make. Check your plan details to ensure you're not leaving free money on the table.
Retirement planning is about balancing how much you save today against the lifestyle you want tomorrow. The key factors are your starting balance, how much you contribute each month, your investment returns, and how many years until retirement. Starting early is the single most powerful thing you can do because compound growth needs time to work its magic.
A common rule of thumb is to save 25 times your desired annual retirement income (the 4% rule). For example, if you need $50,000 per year in retirement, you'd aim for $1.25 million. Your actual number depends on lifestyle, healthcare costs, and other income sources like Social Security.
The 4% rule suggests you can withdraw 4% of your retirement portfolio in the first year and adjust for inflation each year after, with a high probability of not running out of money over 30 years. It's a guideline, not a guarantee.
Financial advisors generally recommend saving 10-15% of your pre-tax income for retirement, including any employer match. The earlier you start, the less you need to save each month thanks to compound growth.
A diversified stock portfolio has historically returned about 7% per year after inflation (10% nominal). A conservative estimate for a balanced stock/bond portfolio is 5-7%. Use a lower rate for more conservative planning.
Compound Interest Calculator
Calculate compound interest on savings and investments. See how your money grows over time with regular contributions and different compounding frequencies.
FIRE Calculator
Calculate your Financial Independence number and find out when you can retire early. See your progress, savings rate, and what it takes to reach financial freedom.