Retirement Calculator
Net Worth, Savings & Drawdown Goal
Results
Shortfall
$128,802
Projected Savings at Retirement: $2,443,606 · Required Nest Egg at Retirement: $2,572,408
Safe Monthly Spending
$15,821.37
Projected Savings at Retirement
$2,443,606
Required Nest Egg at Retirement
$2,572,408
Nest Egg Comparison
$2,572,408
$2,443,606
Required Nest Egg at Retirement
Projected Savings at Retirement
Years to Retirement
35 years
Years in Retirement
20 years
Projected Savings at Retirement
$2,443,606
Required Nest Egg at Retirement
$2,572,408
Savings Gap / Shortfall
$-128,802
Safe Monthly Spending
$15,821.37
Funds Run Out Age
Age 83
Frequently Asked Questions
- A common rule of thumb is the 80% replacement rule, suggesting you need 80% of your pre-retirement income to maintain your lifestyle. Alternatively, the 4% rule suggests that your retirement nest egg should be 25 times your desired annual retirement spending. For official guidelines, consult Investor.gov by the SEC.
- Today’s Dollars represent real purchasing power (adjusting for inflation), allowing you to plan using values you understand today. Future Dollars show the actual, nominal amount of money you will see in your account in the future, which will be larger due to inflation but have the same purchasing power.
- Social Security provides a guaranteed, inflation-adjusted monthly benefit that reduces the amount you need to withdraw from your private savings. You can check your estimated benefits on the official Social Security Administration website.
- Before retirement, you can typically afford a more aggressive, stock-heavy portfolio for higher growth (pre-retirement return). During retirement, preservation of capital becomes critical, so portfolios are usually shifted to conservative, income-generating assets with lower returns (post-retirement return).
- Inflation erodes the purchasing power of your money over time. A 2.5% inflation rate will nearly double the cost of living over 30 years. It is essential to include an inflation rate in your projections so that your target nest egg is large enough to sustain your real spending needs.