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Retirement Calculator

Plan your financial future with our comprehensive retirement savings calculator. Calculate how much you’ll have at retirement, your sustainable monthly income using the 4% rule, and see the impact of employer’s match.

Your Information

Quick Scenarios

Your Retirement Plan

Total Savings at 65

$1,825,669

Monthly Income (4% Rule)

$6,086

Years Funded

25+ years

Total Employer Match

$15,050

How to Use This Calculator

  1. 1

    Enter Your Current Details

    Start with your current age, savings amount, and target retirement age.

  2. 2

    Set Your Contribution Amount

    Enter how much you plan to contribute monthly to your retirement account.

  3. 3

    Input Investment Assumptions

    Estimate your annual return (typically 6-8%) and include your employer’s match percentage.

  4. 4

    Review Your Projection

    See your projected retirement balance, sustainable monthly income, and years of funding.

  5. 5

    Export for Further Analysis

    Download your year-by-year projection as a CSV file to track in your own spreadsheets.

Understanding the 4% Rule

The 4% rule is a retirement planning guideline based on the Trinity Study, which analyzed historical market performance from 1926 to 1995. The rule suggests that if you withdraw 4% of your portfolio in your first year of retirement, and adjust that amount for inflation in subsequent years, you have a 95% success rate of not running out of money over a 30-year retirement.

Key Assumptions:

  • • 60% stocks / 40% bonds portfolio allocation
  • • 3% average inflation
  • • 30-year retirement horizon
  • • Adjusting withdrawals annually for inflation

Retirement Scenarios

Conservative Saver

  • Current Age: 35
  • Retirement Age: 67
  • Monthly Contribution: $300
  • Current Savings: $25,000
  • Expected Return: 6%

Projected Retirement Balance: ~$520,000

Monthly Income (4%): ~$1,733

Moderate Saver

  • Current Age: 30
  • Retirement Age: 65
  • Monthly Contribution: $750
  • Current Savings: $50,000
  • Expected Return: 7%

Projected Retirement Balance: ~$1,280,000

Monthly Income (4%): ~$4,267

Aggressive Saver

  • Current Age: 25
  • Retirement Age: 60
  • Monthly Contribution: $1,500
  • Current Savings: $75,000
  • Expected Return: 8%

Projected Retirement Balance: ~$2,150,000

Monthly Income (4%): ~$7,167

Late Start Saver

  • Current Age: 45
  • Retirement Age: 70
  • Monthly Contribution: $1,200
  • Current Savings: $100,000
  • Expected Return: 7%

Projected Retirement Balance: ~$750,000

Monthly Income (4%): ~$2,500

Frequently Asked Questions

What is the 4% rule and is it reliable?

The 4% rule suggests you can safely withdraw 4% of your retirement portfolio annually. Based on historical data from 1926-1995, this approach had a 95% success rate over 30-year retirements. However, market conditions vary, so it’s best to review periodically and adjust as needed.

How does employer match work?

Employer match is free money your employer contributes to your retirement account based on your contributions. A common match is "100% up to 5%", meaning if you contribute 5% of your salary, your employer matches it dollar-for-dollar. This calculator includes match in the projection.

What annual return should I assume?

Historical stock market returns average 7-10% annually (before inflation). Conservative estimates use 6-7%, while bond portfolios average 3-5%. A balanced portfolio might target 6-7%. Use a rate that matches your risk tolerance and asset allocation.

Should I max out my 401(k)?

A common strategy is to contribute enough to capture your full employer match first. Then, if you have the capacity, max out your 401(k) ($24,500 in 2024) and use an IRA. This calculator helps you see the impact of different contribution levels.

Can I retire early?

Yes, but it requires planning. Lower your retirement age and see the impact. Early retirees often use the FIRE (Financial Independence, Retire Early) method, targeting 25-30 times annual expenses rather than 4% withdrawals. Consider healthcare costs before age 65.

How often should I update my calculation?

Review your retirement plan annually or when your circumstances change (salary, job, investment allocation). This calculator uses nominal values; track inflation and real returns separately for long-term planning accuracy.

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