Retirement Calculator
What your savings become by the day you stop working, what they can pay each month, and what to change if that isn't enough.
You
Your saving
After inflation, so every figure is in today's money. 7% is the long-run stock market return after inflation.
Your retirement
In today's money, before tax.
State pension, rent, part-time work. Leave 0 if none.
Your retirement
On track. At 65 you'd have $1,320,803, enough for $5,403 a month.
Your pot by age
Growing until 65, then paying you $3,000 a month. It lasts past 95.
How it's calculated
Your savings grow at the return you chose, a twelfth of it each month, with your monthly saving added along the way. Because the return is after inflation, the pot at retirement is in today's money: what it would buy now.
The income it can pay follows the 4% rule: withdraw 4% of the pot in the first year and adjust for inflation after that, and in most historical periods the money lasted thirty years or more. Other income, like a state pension, is added on top.
After you retire the chart keeps paying the income you asked for while the rest grows 3 points slower than before, the more cautious mix a retiree holds. If the pot hits zero before 95, that age is shown. Taxes, fees and a bad first decade of returns would all shorten it; treat the result as a direction, not a promise.