Retirement Calculator

Project your nest egg, or work out the corpus and monthly saving you need to retire on the income you want — adjusted for inflation

Quick answer

Retirement Calculator

B = current balance, C = monthly contribution, i = monthly return, n = months to retirement. The 'needed' side discounts an inflation-adjusted retirement income over Y years at your real (after-inflation) post-retirement return.

Formula

Corpus = B(1+i)^n + C × [((1+i)^n − 1) / i] | Needed = Annual income × [1 − (1+r_real)^−Y] / r_real

👤 Your Details

📊 Projection

$1,074,077
Nest egg at age 65
$230,000
Total Contributed
$844,077
Investment Growth
💡 In today's money that nest egg is worth about $381,709, which could sustainably fund roughly $1,618/month (in today's money) across 25 years of retirement.

📈 Nest Egg Over Time

Year-by-year breakdown

AgeTotal ContributedGrowthNest Egg
31$26,000$1,625$27,625
32$32,000$3,784$35,784
33$38,000$6,514$44,514
34$44,000$9,855$53,855
35$50,000$13,850$63,850
36$56,000$18,545$74,545
37$62,000$23,988$85,988
38$68,000$30,233$98,233
39$74,000$37,334$111,334
40$80,000$45,352$125,352
41$86,000$54,352$140,352
42$92,000$64,402$156,402
43$98,000$75,575$173,575
44$104,000$87,951$191,951
45$110,000$101,613$211,613
46$116,000$116,651$232,651
47$122,000$133,161$255,161
48$128,000$151,248$279,248
49$134,000$171,020$305,020
50$140,000$192,597$332,597
51$146,000$216,104$362,104
52$152,000$241,676$393,676
53$158,000$269,459$427,459
54$164,000$299,606$463,606
55$170,000$332,283$502,283
56$176,000$367,668$543,668
57$182,000$405,950$587,950
58$188,000$447,332$635,332
59$194,000$492,030$686,030
60$200,000$540,278$740,278
61$206,000$592,322$798,322
62$212,000$648,430$860,430
63$218,000$708,885$926,885
64$224,000$773,992$997,992
65$230,000$844,077$1,074,077

Worked example

Suppose you are 30, want to retire at 65, already have $20,000 saved and add $500 a month, expecting a 7% return before retirement. Over 35 years your $20,000 grows on its own to around $213,000, while your monthly contributions — each compounding from the month you invest it — add far more, for a nest egg near $930,000. You only contributed about $230,000 of that; the rest is growth. After 3% inflation that pot is worth roughly $330,000 in today's money, enough to draw close to $1,700 a month for 25 years. Switch to "How much do I need?" and the tool reverses the maths: to retire on $4,000 a month in today's money you would need a much larger corpus, and it tells you the monthly saving required to reach it.

Why inflation and two return rates matter

A retirement number that ignores inflation is almost always too optimistic: $1,000,000 sounds like a lot, but in 35 years it may buy what a third of that does today. This calculator therefore shows the inflation-adjusted value of your pot and works out sustainable income in today's money. It also lets you set a different, usually lower, return for the retirement years, because most people shift toward safer assets once they stop earning. The single biggest levers are how early you start and your contribution rate — money invested in your twenties compounds for decades, which is why even a small monthly amount started early often beats a much larger amount started late. Treat the output as a planning projection, not a guarantee; real returns vary year to year.

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Model a one-off lumpsum or SIP with the investment return calculator, see how a single deposit grows with the compound interest calculator, set a shorter goal with the savings goal calculator, plan a property purchase with the mortgage calculator, or check loan repayments with the loan / EMI calculator.

🏖️Formula

Corpus = B(1+i)^n + C × [((1+i)^n − 1) / i] | Needed = Annual income × [1 − (1+r_real)^−Y] / r_real

💡How it works

B = current balance, C = monthly contribution, i = monthly return, n = months to retirement. The 'needed' side discounts an inflation-adjusted retirement income over Y years at your real (after-inflation) post-retirement return.

ℹ️ What is Retirement Calculator?

A retirement calculator projects how much your savings will grow by retirement age and whether your accumulated wealth will sustain your desired lifestyle throughout retirement. It is one of the most important financial planning tools for long-term wealth management.

📐 Formula

FV = PV×(1+r)ⁿ + PMT×[(1+r)ⁿ−1]/r | Withdrawal Rate: 4% Rule
FVFuture value of retirement savings
PMTAnnual contribution to retirement accounts
rAnnual expected return rate (net of fees)
4% RuleWithdraw 4% of portfolio annually for 30-year sustainability

✏️ Worked Example

Current Age: 30
Retirement Age: 65
Current Savings: $50,000
Monthly Contribution: $500 ($6,000/yr)
Annual Return: 7%
  1. 1Years to retirement: 65 − 30 = 35 years
  2. 2Growth of current $50,000: $50,000 × (1.07)³⁵ = $532,000
  3. 3Growth of annual $6,000 contributions: $6,000 × [(1.07)³⁵−1]/0.07 = $851,000
  4. 4Total at retirement: $532,000 + $851,000 = $1,383,000
  5. 5Safe annual withdrawal (4% rule): $1,383,000 × 0.04 = $55,320/year
✅ Result: Estimated Retirement Savings ≈ $1.38M | Annual Withdrawal ≈ $55,320

💡 How to Interpret Results

  • The 4% Rule: withdraw 4% of your portfolio in year 1, adjust for inflation each year — historically sustainable for 30 years.
  • A $1M portfolio sustains ~$40,000/year. To spend $80,000/year, you need ~$2M.
  • Social Security adds to income — factor it in to determine the "gap" your savings must cover.
  • Inflation erodes purchasing power: $55,000/year today needs ~$100,000/year in 25 years at 2.5% inflation.
  • Start early: $200/month from age 25 to 65 at 7% = $525,000. Starting at 35 = only $243,000.

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