Retirement Calculator
Estimate how much you could have at retirement and what monthly income that might support. Enter your current age, retirement age, current savings, monthly contributions, and an assumed return to get a clear planning starting point.
Disclaimer: Results are estimates for planning only and are not financial advice. Interest rates, fees, taxes, and lender terms vary. Check with your bank or a qualified financial adviser before borrowing or investing.
How to use
- Enter your current age and planned retirement age.
- Enter your current retirement savings.
- Enter how much you can contribute each month.
- Enter the assumed annual return.
- Click Calculate to see the projected retirement fund and an illustrative monthly income figure.
Frequently asked questions
How is the monthly retirement income estimated?
The calculator divides the projected fund by an illustrative 25-year retirement span to give a simple monthly figure before taxes and inflation. It is a planning aid, not a withdrawal plan.
Should I adjust for inflation?
Yes, in real planning. A dollar in 30 years buys less than a dollar today, so compare the result with future living costs, not today's costs.
What if I start late?
Higher monthly contributions and a longer working period help, but the biggest lever is still time. Even starting late, regular saving beats waiting for a perfect plan.
Does this include Social Security or a pension?
No. Add any expected pension or Social Security income separately when you judge whether the projected income is enough.