Comprehensive retirement planning, required savings, withdrawal analysis, and portfolio longevity.
This calculator can help with planning the financial aspects of your retirement, such as providing an idea where you stand in terms of retirement savings, how much to save to reach your target, and what your retrievals will look like in retirement.
• Retirement Target: Simulate both accumulation and distribution phases to calculate your total nest egg needed, projected savings, and shortfall.
• Savings Goal Planner: Reverse calculate required monthly/annual savings to hit a specific future dollar goal.
• Withdrawal Estimator: Find your maximum sustainable inflation-adjusted monthly drawdown.
• Portfolio Longevity: Calculate how many years and months your current wealth will sustain your monthly expenses.
You have a projected shortfall of $692,928. Save an extra $599/month to reach your goal.
Multi-year actuarial projection of beginning balances, contributions, interest compounding, and withdrawals
| Age (Year #) | Calendar Year | Phase | Beginning Balance | Contribution | Withdrawal | Interest | Ending Balance |
|---|---|---|---|---|---|---|---|
| Age 36 (Yr 1) | 2027 | Accumulation | $30,000 | $7,000 | $0 | $2,010 | $39,010 |
| Age 37 (Yr 2) | 2028 | Accumulation | $39,010 | $7,210 | $0 | $2,557 | $48,777 |
| Age 38 (Yr 3) | 2029 | Accumulation | $48,777 | $7,426 | $0 | $3,149 | $59,353 |
| Age 39 (Yr 4) | 2030 | Accumulation | $59,353 | $7,649 | $0 | $3,791 | $70,792 |
| Age 40 (Yr 5) | 2031 | Accumulation | $70,792 | $7,879 | $0 | $4,484 | $83,155 |
| Age 41 (Yr 6) | 2032 | Accumulation | $83,155 | $8,115 | $0 | $5,233 | $96,502 |
| Age 42 (Yr 7) | 2033 | Accumulation | $96,502 | $8,358 | $0 | $6,041 | $110,902 |
| Age 43 (Yr 8) | 2034 | Accumulation | $110,902 | $8,609 | $0 | $6,912 | $126,423 |
| Age 44 (Yr 9) | 2035 | Accumulation | $126,423 | $8,867 | $0 | $7,851 | $143,142 |
| Age 45 (Yr 10) | 2036 | Accumulation | $143,142 | $9,133 | $0 | $8,863 | $161,138 |
| Age 46 (Yr 11) | 2037 | Accumulation | $161,138 | $9,407 | $0 | $9,951 | $180,496 |
| Age 47 (Yr 12) | 2038 | Accumulation | $180,496 | $9,690 | $0 | $11,120 | $201,306 |
Explore our complete collection of verified personal finance and investment growth tools: