Retirement Calculator

The 4% rule is a guideline suggesting you can withdraw 4% of your retirement savings annually without running out of money over a 30-year retirement. It is based on historical market performance and assumes a balanced portfolio of stocks and bonds.

Your FIRE (Financial Independence, Retire Early) number is typically 25 times your annual spending. This is the inverse of the 4% rule - if you have 25x your annual expenses saved, you can theoretically live off 4% withdrawals indefinitely.

The amount you need depends on your desired lifestyle, expected Social Security benefits, and withdrawal rate. A common target is having enough savings to replace 70-80% of your pre-retirement income. This calculator helps you determine your specific number.

The stock market has historically returned about 10% annually before inflation, or 7% after inflation. For planning purposes, 6-7% is a conservative estimate for a diversified portfolio. Bonds typically return 3-5%.

Inflation erodes purchasing power over time. If inflation is 3%, something that costs $1,000 today will cost about $2,400 in 30 years. This calculator accounts for inflation when projecting your future spending needs.

Yes, if you expect to receive Social Security. You can estimate your benefits at ssa.gov. Many planners recommend planning as if you will receive 75-80% of projected benefits to account for potential future changes.

Consider increasing your savings rate, working longer, reducing expected retirement spending, or a combination. Even small increases in monthly contributions can make a significant difference over time due to compound growth.

This calculator provides estimates based on the assumptions you enter. Actual returns vary year to year. Consider this a planning tool, not a guarantee. Consult a financial advisor for personalized advice.