CalcQuick

Retirement Calculator

Project your retirement nest egg and estimated monthly income at retirement.

For educational purposes only. Not financial advice. Assumes constant returns and contributions.

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Balance at retirement

$1,015,810.37

Monthly retirement income

$3,386.03

Total growth

$785,810.37

Total contributions: $230,000.00

How to use

  1. Enter your current age and planned retirement age.
  2. Input current savings and monthly contribution amount.
  3. Set expected annual return and withdrawal rate.
  4. See projected balance at retirement and monthly income.

Formula

Balance grows monthly: Balance = (Balance × (1 + r/12)) + Monthly contribution, where r is annual return.

Monthly retirement income = Balance × (Withdrawal rate ÷ 100) ÷ 12.

The 4% rule is a common withdrawal rate guideline.

Example

Age 35, retire at 65, $50K saved, $500/month, 7% return, 4% withdrawal:

Balance at 65 ≈ $700K+; Monthly income ≈ $2,300+ using the 4% rule.

Frequently asked questions

What is the 4% rule?
The 4% rule suggests withdrawing 4% of your retirement portfolio in the first year, adjusted for inflation, gives a high probability of lasting 30 years.
What return rate should I use?
Historical US stock market returns average ~7–10% nominally. A conservative estimate of 6–7% is common for long-term planning.
Does this include Social Security?
No. This projects savings from your contributions and investment growth only. Add Social Security benefits separately.
Is this financial advice?
No. For educational purposes only. Consult a financial advisor for personalized retirement planning.
How much do I need to retire?
A common rule is 25× your annual expenses (4% withdrawal rule). Enter your savings, contributions, and return rate for a personalized projection.
What is the 4% retirement rule?
The 4% rule suggests withdrawing 4% of your retirement savings annually, adjusted for inflation, to make funds last about 30 years.

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