Retirement Calculator
years
years
$
$
%
%
Retirement Savings Projection
0
Years to Save
$0
Total Contributions
$0
Interest Earned
$0
Retirement Savings
$
$
%
%
years
Withdrawal Strategy Results
0
Years Until Depletion
$0
Total Withdrawn
$0
Remaining Balance
About the Retirement Calculator
Our Retirement Calculator helps you plan for your financial future by estimating how much you need to save and how long your retirement savings will last.
Key Features
- Savings Projection: Estimate how much you'll have saved by retirement age
- Withdrawal Strategy: See how long your savings will last based on withdrawal rate
- Detailed Year-by-Year Breakdown: View the growth of your savings over time
- Inflation Adjustment: Accounts for the impact of inflation on your savings
- Visual Growth Charts: Easily understand your retirement trajectory
Formulas Used
Savings Projection:
FV = PV × (1 + r)^n + PMT × ((1 + r)^n - 1) / r
Where:
FV = Future value of savings
PV = Present value of savings
r = Annual return rate (adjusted for inflation)
n = Number of years until retirement
PMT = Annual contribution
Where:
FV = Future value of savings
PV = Present value of savings
r = Annual return rate (adjusted for inflation)
n = Number of years until retirement
PMT = Annual contribution
Withdrawal Strategy:
Yearly balance = (Previous Balance - Withdrawal) × (1 + r)
Where:
r = Annual return rate (adjusted for inflation)
Withdrawal = Annual withdrawal amount adjusted for inflation
Where:
r = Annual return rate (adjusted for inflation)
Withdrawal = Annual withdrawal amount adjusted for inflation
Who Uses This Tool?
Young Professionals: Start planning early for retirement.
Mid-Career Workers: Assess if you're on track with your savings.
Pre-Retirees: Determine if you can afford to retire.
Retirees: Plan sustainable withdrawal strategies.
Financial Planners: Help clients with retirement planning.