Retirement Savings Calculator
Calculate how much you need to save for retirement
📚 How To Use
- Enter Your Age: Current age and when you want to retire
- Income & Savings: Your annual income and monthly savings amount
- Current Savings: Any existing retirement savings (optional)
- Expected Return: Expected annual investment return (7% is typical)
- Calculate: Get your personalized retirement plan
💰 Retirement Savings Tips
Start Early
The earlier you start, the more time your money has to grow through compound interest.
Employer Match
Always contribute enough to get your full employer 401(k) match - it's free money!
Increase Gradually
Increase your savings rate by 1% each year or whenever you get a raise.
10x Rule
Aim to have 10x your annual income saved by retirement age.
📅 Savings by Age
30
1x annual salary
40
3x annual salary
50
6x annual salary
60
8x annual salary
67
10x annual salary