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Calculators/Retirement & Investing
Retirement Calculator
Project your retirement nest egg and find out if you're on track to retire comfortably.
yrs
yrs
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%
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Retirement Projection
Projected Nest Egg$1,994,380
Target (4% Rule)$1,500,000
StatusOn Track ✓
On Track — Projected Nest Egg
$1,994,380
Nest Egg
$1,994,380
Needed (4% Rule)
$1,500,000
How to Use This Calculator
1
Enter your current age and target retirement age
Be realistic about retirement age. The earlier you retire, the larger the nest egg you need and the fewer years of contributions you make. Most Americans retire between 62–67.
2
Enter your current retirement savings
Include all retirement accounts: 401(k), IRA, Roth IRA, pension, 403(b), etc. Don't include home equity unless you plan to downsize.
3
Enter monthly contributions
What you're currently saving per month across all retirement accounts. The 2024 401(k) limit is $23,000 ($30,500 if 50+). IRA limit is $7,000.
4
Set expected monthly income in retirement
How much you want to spend per month in retirement, in today's dollars. Include housing, food, healthcare, travel. Texas retirees typically need $4,000–$7,000/month.
5
Understand the 4% Rule
The 4% Rule says you can safely withdraw 4% of your portfolio per year in retirement. So if you want $5,000/month ($60,000/year), you need $1.5 million. This calculator uses this rule to find your target.
Real-World Examples
Steady Saver — Age 30
Current Age
30
Current Savings
$25,000
Monthly Contribution
$1,200
Monthly Needed
$5,500
Result$1.28M — On Track
Retiring at 65. Needs $1.65M for $5,500/mo (4% rule). Need to increase contributions by ~$300/mo.
Late Starter — Age 45
Current Age
45
Current Savings
$80,000
Monthly Contribution
$2,500
Monthly Needed
$6,000
Result$1.22M — Shortfall $580K
Needs $1.8M but projects $1.22M. Must increase contributions to $4,200/mo OR delay retirement to 68 to close the gap.
Frequently Asked Questions
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