Retirement Savings Goal Calculator
Discover the nest egg you need, project your savings growth, and reveal the monthly contributions required to retire with confidence.
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Retirement Savings Inputs
Enter your current situation and future income goals to calculate how much you need to save for retirement.
Examples of Real-World Usage
5 real-world examples
Retirement Budget Validation
Model various lifestyle budgets (travel, downsizing, healthcare) and see how they impact your savings goal.
Family Retirement Planning
Create shared plans for couples who may retire at different times and coordinate income sources.
Legacy & Giving Goals
Determine how much additional savings is required if you want to fund education accounts, charitable giving, or inheritances.
FIRE (Financial Independence, Retire Early)
Experiment with aggressive savings assumptions and high withdrawal-rate sensitivity to hit FIRE milestones sooner.
Stress Testing
Adjust inflation and return assumptions to see how market downturns or higher costs affect your required nest egg.
Everything You Need to Size Your Retirement Plan
Estimate inflation-adjusted income needs, account for Social Security, and translate the gap into actionable monthly savings.
Nest Egg Requirements
Instantly calculate how much you need saved by retirement, accounting for inflation, Social Security, and desired income.
Growth Projections
Forecast current balances and contributions using compound growth to understand how far your savings will stretch.
Monthly Savings Targets
See how much you need to save each month to close the gap and hit your retirement savings goal.
Readiness Checklist
Stay organized with pre-retirement action items covering emergency funds, insurance, estate planning, and healthcare.
Income Sustainability
Compare sustainable withdrawal income against your target lifestyle to verify long-term retirement readiness.
Time-Based Planning
Track years until retirement and expected years in retirement to tailor savings and withdrawal strategies.
How to Use
Simple 4-step process
Step 1
Enter your current age, target retirement age, desired annual income, and Social Security or pension estimates.
Step 2
Add current savings, monthly contributions, expected returns, and inflation assumptions.
Step 3
Review the required nest egg, projected savings, shortfall, and suggested monthly savings targets.
Step 4
Follow the readiness checklist and share the plan summary to stay accountable.
Retirement Savings FAQs
Everything you need to know about our process, pricing, and technical capabilities.
See Full FAQThe 4% rule is a common starting point for diversified portfolios. Adjust the safe withdrawal rate based on risk tolerance, expected market returns, and whether you want to leave a legacy. Consult a financial planner for a personalized rate.
Yes. Desired income and Social Security benefits are inflated to your retirement date. You can customize the inflation rate to align with your outlook (default 2.5%).
Review at least twice per year or whenever you experience major changes—salary adjustments, market volatility, or lifestyle updates.
Many planners use 5–7% annual returns during accumulation and 3–4% during retirement. Use conservative numbers to build a margin of safety.
The tool uses time value of money formulas to solve for the extra monthly contribution required to reach your target nest egg by retirement.
You can toggle Social Security on or off. If you are uncertain about future benefits, set it to zero for a more conservative plan.
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