Planning
Retirement Calculator
Project your retirement fund based on current savings, monthly contributions, and expected returns. Find out if you're on track or how much more you need to save.
Retirement Calculator
Project whether your savings will be enough to cover retirement expenses.
How This Tool Works
How It Works
This calculator projects whether your current savings trajectory will cover your retirement expenses.
Two Key Numbers
- Projected Fund: What you'll have at retirement based on current savings + monthly contributions + investment returns
- Target Fund: How much you need to cover your monthly expenses throughout retirement
How the Target Is Calculated
Uses the present value of an annuity formula to determine the lump sum needed at retirement to fund monthly withdrawals for a given number of years.
Key Inputs
- Current age and retirement age
- Current savings and monthly savings
- Expected investment return rate
- Monthly expense needed in retirement
- Retirement duration (default: 25 years)
What You Learn
- Whether you're on track or have a gap
- How much additional monthly savings would close the gap
- Your projected retirement fund value