Retirement Planner: Build Your Secure Future
Our Retirement Planner Calculator estimates the nest egg needed, projects growth, and checks for shortfalls. Uses compound interest and safe withdrawal rates.
What is Retirement Planning?
Determining savings required for post-work life, accounting for expenses, inflation, and investment returns.
Key Factors
- Current vs retirement age
- Savings and contributions
- Expected returns
- Inflation and expenses
- Withdrawal rate (4% rule)
4% Rule Explained
Withdraw 4% of nest egg annually, adjusted for inflation. Historically lasts 30+ years.
| Rate | Sustainability |
|---|---|
| 3% | Very safe |
| 4% | Standard |
| 5% | Aggressive |
Example: Age 35, Retire 65, $50K Saved, $15K/Year, 7% Return, $60K Expenses, 3% Inflation, 30 Years
- Nest Egg Needed: $2,145,000
- Projected: $1,980,000
- Shortfall: $165,000
- Withdrawal: $85,800 (year 1)
How It's Calculated
Nest Egg = Expenses / (Withdrawal Rate / 100) × Inflation Adjustment
Projected = FV of current + FV of annuity contributions
Why Plan Early?
- Compound magic
- Beat inflation
- Avoid shortfalls
- Link to Compound Interest
Pro Tips
- Maximize contributions
- Diversify investments
- Review annually
- Consider Social Security
Limitations
- Assumes constant returns
- No taxes/fees modeled
- Market volatility
Conclusion
Secure your future with our Retirement Planner. Explore Finance tools.