Estimate your total nest egg at retirement based on your current age, savings, and investment strategy.
Results Projection
Total Years to Save0
Estimated Nest Egg at Retirement$0
Purchasing Power (Inflation Adjusted)$0
Enter your details and click calculate to see your retirement forecast.
How to Use the Best Retirement Calculator
Planning for your golden years is one of the most significant financial tasks you will ever undertake. This retirement calculator helps you visualize how compounding interest and consistent contributions grow over time. By adjusting variables like your expected return and inflation rate, you can create a realistic roadmap for your financial independence.
Key Retirement Planning Concepts
The Power of Compounding: The longer your money stays invested, the more your earnings generate their own earnings. This is why starting early is often more important than the amount you start with.
Inflation Adjustment: A million dollars today will not buy the same amount of goods 30 years from now. Our calculator provides an "Inflation Adjusted" value to show you what your future nest egg would feel like in today's money.
Rate of Return: The stock market historically returns about 7-10% annually (before inflation), but conservative investors may want to project using 4-6%.
Example Retirement Projection
If you are 30 years old, have $50,000 saved, and contribute $1,000 per month with a 7% annual return, by age 65 you would have approximately $2,228,810. However, if inflation averages 3%, that nest egg would have the purchasing power of roughly $792,080 in today's dollars.
How Much Do You Really Need?
Many financial experts suggest the "4% Rule," which implies you can safely withdraw 4% of your total nest egg in your first year of retirement (and adjust for inflation thereafter) without running out of money for 30 years. Using the example above, a $2.2M nest egg could provide an initial annual income of approximately $89,152.
function calculateRetirement() {
var currentAge = parseFloat(document.getElementById('currentAge').value);
var retirementAge = parseFloat(document.getElementById('retirementAge').value);
var currentSavings = parseFloat(document.getElementById('currentSavings').value);
var monthlyContribution = parseFloat(document.getElementById('monthlyContribution').value);
var annualReturn = parseFloat(document.getElementById('annualReturn').value) / 100;
var inflationRate = parseFloat(document.getElementById('inflationRate').value) / 100;
if (isNaN(currentAge) || isNaN(retirementAge) || isNaN(currentSavings) || isNaN(monthlyContribution)) {
alert("Please enter valid numeric values.");
return;
}
if (retirementAge 0) {
fvContributions = monthlyContribution * (Math.pow(1 + monthlyReturn, monthsToRetire) – 1) / monthlyReturn;
} else {
fvContributions = monthlyContribution * monthsToRetire;
}
var totalNestEgg = fvSavings + fvContributions;
// Inflation Adjusted Value
var inflationAdjusted = totalNestEgg / Math.pow((1 + inflationRate), yearsToRetire);
// Update UI
document.getElementById('resultPlaceholder').style.display = 'none';
document.getElementById('retirementResults').style.display = 'block';
document.getElementById('yearsToSaveResult').innerText = yearsToRetire + " Years";
document.getElementById('futureValueResult').innerText = new Intl.NumberFormat('en-US', { style: 'currency', currency: 'USD', maximumFractionDigits: 0 }).format(totalNestEgg);
document.getElementById('inflationAdjustedResult').innerText = new Intl.NumberFormat('en-US', { style: 'currency', currency: 'USD', maximumFractionDigits: 0 }).format(inflationAdjusted);
var annualIncomePotential = totalNestEgg * 0.04;
document.getElementById('retirementSummary').innerText = "Based on your inputs, your nest egg could potentially provide an initial annual retirement income of " +
new Intl.NumberFormat('en-US', { style: 'currency', currency: 'USD', maximumFractionDigits: 0 }).format(annualIncomePotential) +
" using the 4% withdrawal rule.";
}