Retirement Savings Calculator
The Retirement Savings Calculator helps estimate how much you’ll need to save to live comfortably after you stop working.
Enter your information below to see how your current savings and monthly contributions stack up to your retirement goals.
Whether you’re decades away or a few years out, this quick calculation gives you a clearer picture of your progress—and what small changes can make a big difference.
What Your Results Mean
Your projected retirement balance shows how your current habits align with your goals. A shortfall doesn’t mean failure—it’s simply feedback. The good news? You can make adjustments starting today: increase your contributions, explore tax-advantaged accounts like an IRA or 401(k), or find new ways to grow your money through investing.
👉 Read the Guide: Are You on Track for Retirement?
Tips to Boost Your Retirement Savings
- Start early—even small amounts matter. Time and compounding work in your favor.
- Max out employer matches. Don’t leave free money on the table.
- Automate your savings. Consistency beats timing the market.
- Diversify your investments. Spread risk across stocks, bonds, and index funds.
- Revisit your plan annually. Adjust as your income, lifestyle, and goals evolve.
💡 Access our Retirement Planning 101 Made Easy
💰 Compare top IRA accounts to start investing today.
Retirement Savings FAQs
How accurate is this retirement savings calculator?
This calculator provides an estimate based on your inputs and assumptions about investment growth. It’s meant to help you plan—not predict—your future savings. Always review your retirement strategy with a qualified financial professional.
What’s a good savings goal for retirement?
A common rule of thumb is to replace about 70–80% of your pre-retirement income. But your ideal number depends on lifestyle, location, and personal goals. Use the calculator as a starting point to see what works best for you.
Where should I keep my retirement savings?
Consider tax-advantaged accounts like a 401(k), Traditional IRA, or Roth IRA. If you’re self-employed, explore SEP or Solo 401(k) options. Learn the differences in our guide: IRA vs. Roth IRA.
