Retirement Calculator
Visualize your financial future. See how much you could save for retirement.
Retirement Goals
Estimated Total Savings
at age 65
Tip: Starting early makes a huge difference due to compound interest. Increasing your contribution by just $100 could add significantly to your total.
Retirement: The Ultimate Long Game
Retirement planning is less about how much you earn and more about how much you keep and invest. The most powerful tool at your disposal is Time.
The Magic of Starting Early
Thanks to compound interest, investing $500/month starting at age 25 can result in significantly more wealth than investing $1,000/month starting at age 45. Your money needs time to make money on itself.
The 4% Rule
A common rule of thumb for retirement spending is the 4% Rule. It suggests that you can withdraw 4% of your portfolio in the first year of retirement (adjusted for inflation thereafter) without running out of money for at least 30 years.
To reach this goal, you generally need to save 25 times your expected annual expenses.
Inflation Factor
Remember that $1 million today won't have the same purchasing power in 30 years. When planning specific numbers, it's wise to assume an annual inflation rate of 2-3% to get a realistic view of your future lifestyle.