Calculators

Retirement Calculator

Check whether your savings are on track for the retirement you want.

See whether your savings are on pace for the retirement income you want. Everything is shown in today’s dollars, so the numbers are easy to relate to.

How this calculator works

We grow your current savings and monthly contributions at the return you enter, after inflation. We then compare the result with a target nest egg based on a withdrawal rate. At a 4% withdrawal rate, every $40,000 of yearly income needs about $1 million saved.

If you are behind

  • Capture any employer match first. It is part of your pay.
  • Increase contributions by 1% each year or with every raise.
  • Consider working a little longer or planning some part-time income.
  • Keep fees low and stay invested through market swings.

This calculator provides estimates for educational purposes only and is not financial advice.