Finance
Retirement Calculator
Estimate retirement savings needs. Change the inputs below and the estimate updates immediately.
Input
Your numbers
Calculated result
Projected savings
$1,077,463.72
25x income target
$1,500,000.00
Estimated gap
$422,536.28
Estimate only. Verify important decisions with an appropriate professional or official source.
How to use it
A quick estimate, without the spreadsheet.
Inputs and units
Enter current savings, monthly contributions, expected return, years until retirement and desired annual income.
Formula
Projected savings use monthly compounding. Target = desired annual income × 25; gap = target − projected savings.
Worked example
$40,000 annual income implies a $1,000,000 target under the 25-times assumption.
Assumptions and limitations
The target is a heuristic, not a guarantee. Inflation, taxes, Social Security, withdrawal timing and investment volatility are excluded.