Retirement Calculator
Plan your financial future with our comprehensive retirement calculator. Calculate savings needed, project growth with compound interest, and optimize your retirement strategy with inflation-adjusted projections.
π Personal Information
π° Financial Details
π Investment Assumptions
π― Retirement Goals
π Your Retirement Analysis
Total Needed
$0
at retirement
Projected Savings
$0
with current plan
Monthly Gap/Surplus
$0
shortfall or surplus
Years to Save
0
until retirement
Retirement Savings Growth Projection
π― What-If Scenarios
Current Plan: Based on your current inputs, this shows your projected retirement outcome.
Optimistic Scenario: If investment returns are 2% higher than expected.
Conservative Scenario: If investment returns are 2% lower than expected.
Increased Savings: If you increase monthly contributions by 50%.
π‘ Retirement Planning Tips
Start Early
Time is your greatest asset. Starting retirement savings in your 20s can result in significantly more wealth than starting in your 30s or 40s due to compound interest.
Use Tax-Advantaged Accounts
Maximize contributions to 401(k), IRA, and Roth IRA accounts. These provide tax benefits that can significantly boost your retirement savings over time.
Diversify Investments
Don't put all eggs in one basket. A diversified portfolio across stocks, bonds, and other assets can provide better risk-adjusted returns.
Review Regularly
Review and adjust your retirement plan annually. Life changes, market conditions, and inflation can affect your retirement needs.
Plan for Healthcare
Healthcare costs in retirement can be substantial. Consider Health Savings Accounts (HSAs) and long-term care insurance as part of your strategy.
Automate Savings
Set up automatic transfers to retirement accounts. This ensures consistent saving and takes advantage of dollar-cost averaging.
ποΈ Planning Retirement Travel?
Find amazing deals for your golden years adventures and bucket list destinations worldwide