Retirement Calculator

Estimate future retirement savings, a target nest egg, and whether your current plan may have a surplus or shortfall.

Free online calculatorInstant estimateNo account required

Retirement Details

Results

Projected Savings$0
Target Nest Egg$0
Estimated Gap / Surplus$0
Monthly Contribution$0
Years to Invest0 years
Estimated Growth$0
Funded
Shortfall

Enter your retirement details and click calculate.

Yearly Projection

Age Total Contributions Estimated Growth Projected Balance
retirement savings calculator guide

How to use this retirement calculator

Retirement planning depends on time, contributions, returns, desired income, and withdrawal assumptions. This calculator gives a simple estimate so you can test different savings rates.

Steps

  1. Enter current age and retirement age.
  2. Add current retirement savings and monthly contribution.
  3. Choose an estimated annual return.
  4. Enter desired annual retirement income and withdrawal rate.

Calculation method

The calculator compounds current savings and monthly contributions until retirement, then compares projected savings with a target nest egg based on desired income and withdrawal rate.

Example scenario

Raising monthly contributions early can have a large effect because each contribution has more years to compound before retirement.

Tips for a better estimate

  • Use conservative return and withdrawal assumptions.
  • Revisit the calculator yearly.
  • Do not treat the result as financial advice or a guaranteed projection.

Retirement Calculator FAQ

What withdrawal rate should I use?

A lower withdrawal rate requires a larger nest egg. Many people test several rates to see how sensitive the target is.

Does this include Social Security?

No. This simple estimate focuses on savings and desired income. You can reduce desired income if other income sources are expected.

Are returns guaranteed?

No. Investment returns can vary widely and are not guaranteed.