Retirement Savings Calculator

How the calculation works

Required capital is the present value of monthly withdrawals. Savings grow at a real return; monthly contributions cover the gap at retirement.

Inputs

• Current age
• Retirement age
• Years in retirement
• Current savings
• Monthly retirement spending
• Other monthly retirement income
• Real annual return, %

Calculation details

All amounts are in today’s money. Enter a return after inflation, taxes, and fees.

Enter public pension income separately. A constant return does not model market volatility, longevity risk, or guarantee income.