Retirement Savings Calculator
Plan your retirement with confidence. See how much you need to save, whether you are on track, and get personalized savings recommendations.
Balance at Age 65
Status
On Track — savings last 25 years in retirement
Total Contributions
$470,000.00Total Interest
$1,906,362.19Monthly Income (est.)
$13,862.11Recommended Monthly
$513.42Frequently Asked Questions
How much do I need to retire?
A common rule of thumb is 25× your annual expenses (the 4% withdrawal rule). For example, if you need $60,000/year in retirement, you would need about $1.5 million saved. However, your specific needs depend on lifestyle, healthcare costs, Social Security benefits, and retirement age.
What return rate should I assume?
A conservative estimate is 6-7% for a diversified stock portfolio, or 4-5% for a balanced portfolio with bonds. These are nominal returns before inflation. Subtract 2-3% for inflation-adjusted (real) returns.
Does this include Social Security?
No — this calculator shows your personal savings only. Social Security benefits would supplement your retirement income. The average Social Security benefit in 2025 is about $1,900/month, which can significantly reduce your required savings.
What if I start saving later?
Starting later means you will need to save more each month to catch up. Even a 5-year delay can increase your required monthly contribution by 40-60%. The earlier you start, the more time compound interest has to work for you.