Calculate how much you need to save for retirement using the 4% rule. Enter your current age, retirement age, savings, monthly contributions, and expected return rate. This free retirement calculator shows year-by-year growth projections.
Input your current age and the age you plan to retire. Then enter how much you have already saved and how much you can contribute each month.
Enter your expected annual return rate. A conservative estimate is 5-7%, while aggressive portfolios might target 8-10%. Historical S&P 500 average is about 7%.
Click Calculate to see your total savings at retirement, monthly safe withdrawal using the 4% rule, and a year-by-year growth breakdown table.
Q: What is the 4% rule?
A: The 4% rule is a retirement withdrawal guideline suggesting you can withdraw 4% of your savings annually, adjusted for inflation, with a high probability of your money lasting 30 years.
Q: What return rate should I use?
A: A conservative 5-6% is recommended for planning. Historical S&P 500 returns average ~7% after inflation, but past performance doesn't guarantee future results.
Q: Does this account for inflation?
A: This calculator does not automatically adjust for inflation. Consider using a lower real return rate (e.g., 5-6% instead of 7-8%) to account for inflation's impact.