Planning for retirement
The two biggest levers are how much you contribute and how long it compounds. Starting earlier, even with smaller amounts, often beats starting later with larger ones.
Turning savings into income
The estimated annual income applies your chosen withdrawal rate (4% by default) to the projected balance. A lower rate is more conservative and helps the money last longer.
Frequently asked questions
How much will I have at retirement?
The calculator grows your current savings and ongoing monthly contributions at your expected return until your retirement age, giving a projected balance.
What is the 4% rule?
A common guideline suggesting you can withdraw about 4% of your retirement savings in the first year (adjusted for inflation thereafter) with a good chance the money lasts ~30 years. Adjust the withdrawal rate to test other assumptions.
Is this guaranteed?
No. It is a projection based on a constant return. Markets vary, so revisit your plan regularly.
Projections only, not financial advice.