Retirement Savings Calculator

See how your savings can grow over time and whether you're on track for the retirement you want.

Your Savings Projection

Current Savings ($) Total in 401(k), IRA, and other retirement accounts

Monthly Contribution ($) How much you add each month

Years to Retirement Time until you plan to retire

Expected Annual Return (%) Average annual investment return (historical S&P 500 ≈ 7–10%)

Desired Annual Retirement Income ($) How much you'd like to spend each year in retirement (today's dollars)

Projected Savings at Retirement $0

Total Contributions $0

Investment Growth $0

Retirement Readiness —

Enter your details and click Calculate to see your projection.

Time is your greatest ally. Even small contributions early in your career can outgrow larger contributions made later, thanks to compound interest.

If your employer offers a 401(k) match, contribute at least enough to get the full match. It's essentially free money that accelerates your savings.

A mix of stocks, bonds, and other assets can help manage risk while pursuing growth. Consider low-cost index funds for broad market exposure.

Investment fees can erode your returns over decades. Compare expense ratios and choose funds that keep more money working for you.

Set up automatic transfers to your retirement accounts. When saving is effortless, you're more likely to stay consistent and reach your goals.

Life changes, and so should your plan. Review your retirement strategy annually and adjust contributions as your income grows.

How accurate is this calculator?: This tool provides estimates based on the inputs you provide. Actual results will vary with market performance, inflation, taxes, and changes in your circumstances. Use it as a starting point for planning, not a guarantee.
What return rate should I use?: The historical average annual return of the S&P 500 is about 7–10% after inflation. A conservative estimate of 5–7% is common for retirement planning to account for a more balanced portfolio as you near retirement.
Does this account for inflation?: Using a return rate of around 7% (which is the historical stock market return minus roughly 3% inflation) gives you an estimate in today's dollars. This makes it easier to compare against your current spending.