How it Works
1. Specify 'Current Age' and 'Retire Age'.
2. Input 'Current Saved'.
3. Add 'Monthly Contribution'.
4. Set 'Annual Return'.
5. View total at retirement.
What is Retirement Projection?
Projects the future value of your retirement accounts at a specific retirement age.
Step-by-Step Guide
- 1 Timeline
- Current age to retirement.
- 2 Assets
- Current savings.
- 3 Growth
- Contributions + Return.
- 4 Future
- Total nest egg.
Example
Input: 30 to 65, $50k, $1k/mo, 6%
Result: $1.5M
FAQ
What is a safe withdrawal rate?
Typically 4% of your total portfolio per year.
How much do I need?
A common rule is 25 times your annual expenses.
Is inflation included?
No, subtract inflation (e.g., 3%) from your return rate for real value.
Does this include Social Security?
No, this calculates private savings only.
What return rate should I use?
6-8% is a conservative estimate for a diversified portfolio.
⚠️ Important: Financial figures generated here are for planning purposes. Actual results may vary based on market conditions and individual circumstances.
Conclusion
Retirement planning eliminates uncertainty. By projecting your future wealth, you can adjust your lifestyle today to ensure comfort tomorrow. Small increases in contributions now can equal years of freedom later.