Calculate how much you need to save for retirement, if you're on track, and how your savings will grow. Includes Social Security, 401(k) matching, and inflation adjustment.
Average life expectancy: 85-95 years
Example: 50% match up to 6% of salary
Historical average: 7-10% for stocks
2025 average: $1,800-$2,500 depending on earnings history
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Most financial experts recommend planning for 70-80% of your pre-retirement income in retirement. This accounts for:
The 4% rule suggests you can withdraw 4% of your retirement savings annually with high confidence that your money will last 30 years.
Example: $1,000,000 × 4% = $40,000 per year
Plus Social Security = comfortable retirement
See exactly how much you need to save for a comfortable retirement
Visualize if you're on track with your current savings rate
Test different scenarios - retire earlier, save more, adjust returns
Saves $500/month, 7% return, retires at 65
Result: $1.2 million at retirement
Saves $1,000/month, 7% return, retires at 65
Result: $850,000 at retirement
$60k salary, 50% match up to 6%, saves 10% total
Employer adds $1,800/year - free money!
Most experts recommend saving 10-15% of your income annually. Your target retirement number depends on your desired lifestyle, but a common goal is 70-80% of your pre-retirement income. Use our calculator to find your personalized number.
The 4% rule suggests you can withdraw 4% of your retirement savings annually with high confidence that your money will last 30 years. For example, with $1 million saved, you could withdraw $40,000 per year, adjusted for inflation each year.
Full retirement age is 67 for most people. Claiming at 62 reduces benefits by 30%. Claiming at 70 increases benefits by 24%. The best choice depends on your health, life expectancy, and other retirement income. Use our Social Security Calculator to compare.
Roth IRA: Pay taxes now, tax-free growth and withdrawals. Best if you expect higher taxes in retirement. Traditional IRA: Tax deduction now, pay taxes later. Best if you expect lower taxes in retirement. Use our Roth IRA Calculator to compare.
Inflation erodes purchasing power over time. At 3% inflation, $1 today will be worth about $0.55 in 20 years. Our calculator uses real returns (return minus inflation) to show results in today's dollars, so you can plan for future purchasing power.
The power of compounding means starting at 25 vs 35 can double your savings
Never leave free money on the table - contribute enough to get full match
Boost contributions by 1-2% each year, especially after raises
Mix of stocks and bonds appropriate for your age and risk tolerance
Waiting until 70 increases benefits by 24% compared to full retirement age