Finance
Retirement Calculator
Project your retirement savings, see the inflation-adjusted value, and estimate your monthly retirement income using the 4% withdrawal rule.
Enter your details and click Calculate
Projected Retirement Corpus
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How is this calculated?
Formula: Future Value with compound interest + annuity contributions, adjusted for inflation.
months = (retirementAge - currentAge) × 12
r = annualReturn / 12 / 100
Future Value = savings × (1+r)^months + contribution × ((1+r)^months - 1) / r × (1+r)
Inflation-Adjusted = FV / (1 + inflation/100)^years
Monthly Income = Inflation-Adjusted × 0.04 / 12 (4% rule)Calculation history
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FAQ
Frequently asked questions
How much should I have saved for retirement by age?
A common benchmark is 1× your salary by 30, 3× by 40, 6× by 50, 8× by 60, and 10× by 67. These are guidelines — your actual target depends on desired lifestyle, location, healthcare costs, and other income sources like Social Security or pensions.
What is the 4% rule for retirement?
The 4% rule suggests you can withdraw 4% of your retirement portfolio in the first year, then adjust for inflation each subsequent year, with a high probability of not running out of money over 30 years. It is based on historical stock/bond returns and is a starting point, not a guarantee.
When should I start saving for retirement?
As early as possible. Starting at 25 vs 35 can nearly double your retirement corpus due to compound interest. Even small contributions in your 20s grow significantly over 40+ years. The best time to start is now, regardless of age.
How does inflation affect my retirement savings?
Inflation erodes purchasing power over time. A dollar today buys less in 20-30 years. This calculator adjusts for inflation so you can see what your future corpus is worth in today's dollars. Historically, inflation averages 2-3% in developed economies.
Should I invest more aggressively when young?
Generally yes. Younger investors have more time to recover from market downturns, so a higher stock allocation (80-90%) is common. As you approach retirement, gradually shifting to bonds and stable assets reduces risk. This is called a "glide path" strategy.