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Retirement Savings Calculator

Find out if you're on track — and what it takes to get there.

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Planning Your Retirement

A common guideline is the 4% rule: you can safely withdraw 4% of your retirement savings each year without running out of money over a 30-year retirement. For example, $1.5 million in savings could provide about $60,000 per year ($5,000/month).

Salary multiples provide useful benchmarks: aim for 1× your salary saved by 30, 3× by 40, 6× by 50, 8× by 60, and 10× by 67. These targets account for typical Social Security benefits supplementing your savings.

Remember that inflation erodes purchasing power. A dollar today buys more than a dollar 30 years from now, so plan your retirement number in future dollars or adjust for expected inflation.

Frequently Asked Questions

How much do I need to retire?
A common rule of thumb is to aim for roughly 25 times your expected annual retirement spending, which corresponds to the 4% withdrawal rule. Your actual number depends on your desired lifestyle, other income sources such as Social Security, and how long you expect retirement to last.
What is the 4% rule?
The 4% rule suggests that withdrawing about 4% of your portfolio in your first year of retirement, then adjusting that amount for inflation each year, has historically had a high chance of lasting 30 years. It is a starting guideline, not a guarantee.
How much should I have saved by each age?
One widely cited set of benchmarks is roughly 1x your salary saved by age 30, 3x by 40, 6x by 50, and 8 to 10x by retirement. These are rough targets — your own situation may call for more or less.
What rate of return should I assume?
Long-term U.S. stock returns have averaged roughly 7 to 10% before inflation, but future returns are uncertain. Many planners use a more conservative after-inflation return of around 5 to 6% to avoid over-optimistic projections.
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