Retirement Calculator
Project how much you'll have saved at retirement and estimate a sustainable monthly income. Accounts for compound growth, regular contributions, and inflation to show results in both nominal and today's money.
Nominal values are in future dollars — the raw number in your account. Real values (today's money) adjust for inflation to show actual purchasing power. The real figure is more useful for planning your actual lifestyle in retirement.
Divides the projected nest egg evenly across the expected years in retirement. This is a simplified model — in practice you'd use a safe withdrawal rate (e.g. 4%) which allows the principal to last indefinitely.
7% is a common long-term assumption for a diversified stock portfolio (approximately S&P 500 historical average after inflation). Use a lower rate (4–5%) for a more conservative estimate.
- •The 4% safe withdrawal rule: you can withdraw 4% of your nest egg per year indefinitely with high confidence (historically). For a $1M portfolio that's $40,000/year or ~$3,333/month.
- •Starting 10 years earlier can double your final balance due to compound growth.
- •Increase contributions by even 1% of salary each year as your income grows.