Retirement Calculator

Please enter desired parameters into the calculator, then press "calculate".
*note: please do not enter decimal points in currency fields
 Pre-retirement saving  Post-retirement withdrawal  Retirement shortage

  • Prior Savings- What funds will you contribute at the inception of your retirement savings?
  • Desired Income- How much would you like to draw from this account each year when you retire?
  • Retirement Age- When do you want to retire?
  • % Inflation- Is a persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money. Historically it has been 3.0%.
  • % Contrib. Growth- The percentage by which you plan to increase your annual contributions
  • Annual Contrib.- How much do you plan to contribute to your retirement savings each year?
  • Current Age- This is the age at which you will begin this retirement plan.
  • Life Expectancy- How long do you plan to live in retirement?
  • % Investment Return- What do you anticipate your average yearly return will be?
  • % Retire. Return- What do you anticipate your average yearly return after you retire will be?


  • This retirement calculator uses half the investment return rate to approximate the fact that contributions are applied throughout the year.
  • Future (adjusted) values are also added to give an idea of how the future amounts compare to today's dollars.
  • When you save the money, you need to adjust that amount for inflation in future years. (For example, if you put in $9000 this year and anticipate inflation of 5% per year, you need to save $9,450 next year.)
  • Desired retirement income is annual income, in today's dollars, that you want to have available at retirement from your investments. As a rule of thumb, it should be at least 75% of your current income. However, this calculator doesn't take into account social security income (which hopefully will still be around when you retire) or employer contributions, so if you expect income from those sources, reduce this figure accordingly.
  • Retirement age usually 65
  • An estimate for the inflation rate historically about 3%
  • An estimate for the investment return historically up to 10% if you invest longterm in the stock market
  • When you run this applet, the balance in your retirement account (in current dollars) is displayed in the graph and the scrolling table.
Disclaimer:This applet is for demonstration purposes only, as many factors such as market rates, inflation, etc. are unpredictable. Don't rely on this applet for your retirement strategy!
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