CalcMyFin

Saving & Investing

Retirement Calculator

Project how much you could have at retirement from your current savings, monthly contributions and employer match, then estimate the yearly income that nest egg might support.

  • Free, no sign-up
  • Private: runs in your browser
  • Updated September 2026

Inputs

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Used to estimate the employer contribution below.
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This is an illustrative planning assumption, not a promise of a sustainable withdrawal rate.

How to use the retirement calculator

  1. Enter your age, planned retirement age and current retirement savings.
  2. Add your monthly contribution, salary and employer match percentage.
  3. Adjust the expected return, salary growth, inflation and withdrawal rate.

How it's calculated

Each year until retirement, the balance grows by your expected return, then your contributions and employer match are added. Contributions rise with your salary growth rate. At retirement, first-year income is estimated as balance × withdrawal rate, commonly 4%, a guideline from historical studies of sustainable withdrawals over about 30 years.

Example

A 30-year-old with $50,000 saved, contributing $500 a month with a 4% match on a $70,000 salary (both rising 3% a year) and earning 6% could have about $1,813,000 at 65. At a 4% withdrawal rate that's roughly $72,500 in first-year income, before adjusting for inflation.

Tips

  • Always contribute enough to get the full employer match. It's an immediate return on your money.
  • Raise your contribution by 1% each year, or whenever you get a raise.
  • Look at the inflation-adjusted (real) return to judge what your future balance will actually buy.
  • The 4% rule is a starting point, not a guarantee. Markets and lifespans vary.

Frequently asked questions

How much do I need to retire?
A common starting estimate is 25 times your expected yearly spending in retirement (the flip side of the 4% rule), minus what Social Security or pensions will cover. Your actual number depends on lifestyle, health costs and retirement length.
What is the 4% rule?
A guideline suggesting you can withdraw about 4% of your savings in the first year of retirement, then adjust for inflation, with a good chance of the money lasting around 30 years. It comes from studies of historical market returns and isn't a guarantee.
What return should I assume?
Many planners use 5–7% for a diversified stock-heavy portfolio before inflation, and lower as you move to bonds near retirement. Try several rates to see a range of outcomes.
Does this include Social Security?
No. It projects your personal savings only. Check your estimated benefit at ssa.gov and add it to the income figure for a fuller picture.
401(k) calculatorYour 401(k) at retirement, with employer match and IRS limits.Compound Interest calculatorHow savings and investments grow over time.Inflation calculatorWhat money will be worth, and what things will cost, later.

Sources

This calculator provides educational estimates only and is not financial, tax, legal or investment advice. Results depend on the assumptions you enter; actual terms from lenders, insurers and tax authorities may differ.