Retirement Calculator
Estimate your retirement nest egg and monthly income.
Retirement Calculator
Enter your values and calculate
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How This Calculator Works
This calculator projects your retirement balance by growing current savings and monthly contributions at an expected return until your retirement age, then estimates sustainable monthly income using the safe withdrawal rate (commonly 4%).
Formula
FV = P(1+r)^t + PMT × [((1+r)^t − 1) / r]; Income = FV × withdrawRate
Example
A 35-year-old with $75,000 saving $600/mo at 7% until 65 accumulates about $1.07M, supporting ~$3,560/mo at a 4% withdrawal rate.
Practical Use Cases
- 401(k)/IRA planning
- Setting retirement goals
- Testing withdrawal rates