This retirement calculator helps you determine how much you can save for your retirement and the likelihood of how long your retirement savings will last based on what you currently have saved and how much you plan to contribute each year. By changing the various inputs such as "Annual Contributions," "Asset Allocation," or "Annual Expenses," you can gauge the length of time that your assets may last during retirement.
Based on your retirement savings plan with a Moderate investment asset allocation; to retire at age 65 with annual expenses in today's dollars of $75,000, your plan is projected to be on track in meeting your retirement goals. The average ending total balance of your retirement portfolio is projected to be $4,190,437.
- Increase your annual savings
- Retire later
- Reduce the amount you need during retirement
- When you retire, supplement your income with part-time work
- Put more assets into your retirement (e.g., downsize your house)
IMPORTANT: The projections or other information generated by the Retirement Calculator calculator regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.