Retirement Savings Calculator
Will your savings cover your retirement spending?
Retirement readiness33.5%Return 5% · Inflation 2.5% · Income $0
Savings may be depleted in year 10 of retirement.
Projected$1.1M
Needed$3.1M
Shortfall$2.1M
Savings breakdown
Projected$1,055,646
Shortfall$2,093,150
Monthly gap after income$9,439
Savings before retirement
Savings during retirement
ItemAmountBasis
Savings needed$3,148,79630 years of spending
Monthly spending at retirement$9,439Today's dollars
Monthly gap after income$9,439Spending minus income
Target monthly savings$3,515Target coverage
Investment growth$645,646Before retirement
Savings table before retirement
AgeSavedProjectedGrowth
36$62K$64.8K+$2.8K
37$74K$80.4K+$6.4K
38$86K$96.8K+$10.8K
39$98K$114.1K+$16.1K
40$110K$132.2K+$22.2K
41$122K$151.2K+$29.2K
42$134K$171.2K+$37.2K
43$146K$192.3K+$46.3K
44$158K$214.4K+$56.4K
45$170K$237.6K+$67.6K
46$182K$262.1K+$80.1K
47$194K$287.8K+$93.8K
48$206K$314.8K+$108.8K
49$218K$343.1K+$125.1K
50$230K$373K+$143K
51$242K$404.3K+$162.3K
52$254K$437.3K+$183.3K
53$266K$472K+$206K
54$278K$508.4K+$230.4K
55$290K$546.7K+$256.7K
56$302K$586.9K+$284.9K
57$314K$629.2K+$315.2K
58$326K$673.7K+$347.7K
59$338K$720.4K+$382.4K
60$350K$769.6K+$419.6K
61$362K$821.2K+$459.2K
62$374K$875.5K+$501.5K
63$386K$932.6K+$546.6K
64$398K$992.6K+$594.6K
65$410K$1.1M+$645.6K
Retirement withdrawal table
AgeWithdrawnBalanceStatus
66$114.6K$971.6KFunded
67$117.5K$882.1KFunded
68$120.4K$786.8KFunded
69$123.5K$685.5KFunded
70$126.6K$578KFunded
71$129.8K$464KFunded
72$133.1K$343.2KFunded
73$136.5K$215.2KFunded
74$139.9K$80KFunded
75$143.5K$0Depleted
76$147.1K$0Depleted
77$150.8K$0Depleted
78$154.6K$0Depleted
79$158.5K$0Depleted
80$162.5K$0Depleted
81$166.6K$0Depleted
82$170.9K$0Depleted
83$175.2K$0Depleted
84$179.6K$0Depleted
85$184.1K$0Depleted
86$188.8K$0Depleted
87$193.6K$0Depleted
88$198.5K$0Depleted
89$203.5K$0Depleted
90$208.6K$0Depleted
91$213.9K$0Depleted
92$219.3K$0Depleted
93$224.9K$0Depleted
94$230.6K$0Depleted
95$236.4K$0Depleted
Frequently Asked Questions
What does today's dollars mean?
The monthly spending amount is entered in current purchasing power. The calculator adjusts it to the retirement year using the inflation rate.
How should I read the readiness percentage?
The percentage compares projected savings with the amount needed for the retirement period you entered. A higher percentage means the inputs are closer to covering the target spending.
How much retirement savings do I need?
It depends on monthly spending, retirement length, inflation, expected return after retirement, and retirement income such as Social Security or pension payments.
How is retirement income handled?
Monthly retirement income is subtracted from monthly spending. The calculator estimates the savings needed for the remaining gap.
Notes
- Your inputs are calculated in the browser.
- Results are estimates and can differ from real products, taxes, fees, and market returns.