Calculator
Retirement Savings Calculator
Project retirement savings, compare your projected path to a target balance, and review chart, table, and summary views using one consistent retirement-income model.
Assumptions
Monthly contribution
Dollar mode keeps contributions flat. Percent mode grows contributions with income.
Income need
Retirement readiness
$1,758,381
Your projected balance at retirement compared with an estimated target of $2,877,293.
Funded ratio
61.1%
Projected / target
Projected shortfall
$1,118,912
Additional balance needed at retirement under current assumptions.
Target contribution
$1,846/mo
Estimated contribution needed to reach the target retirement balance.
Savings last to age
79
Modeled against a retirement horizon ending at age 95.
The first-year retirement income model shows about $75,104 of annual gap.
Projection view
Compare the current path with the target path through chart, table, and summary views.
How to use this retirement calculator
Use this projection to compare what your current savings path may create with the balance needed to support your selected retirement-income target.
Target
Define the retirement need
Start with the income you want in retirement, then decide whether to express it as a dollar need or a percent of final income.
Path
Compare current and target savings
The calculator estimates your current path, then solves for the contribution needed to reach the retirement-income target.
Runway
Read the drawdown signal
Use the run-out age, funded ratio, and first-year income gap to see whether the plan needs more saving, lower income needs, or later timing.
1
Enter today’s savings picture
Add your current age, income, retirement savings, monthly contribution, retirement age, and expected retirement horizon.
2
Set the income target
Choose whether the retirement-income need should be based on a dollar amount or a percent of final pre-retirement income.
3
Review the gap before changing tactics
Use the chart, table, and summary to compare current-path savings with the target path before adjusting contributions or assumptions.
About this tool
What this helps you do
This calculator compares a projected retirement-savings path with the balance estimated to support your selected first-year retirement-income need.
How to interpret results
A shortfall is a planning signal, not a verdict. Test contribution levels, retirement age, income need, other income, returns, and COLA assumptions together.
Notes
Limitations
This model does not include taxes, Social Security claiming rules, account sequencing, Medicare premiums, long-term care, sequence risk, or personalized investment advice.
Keep learning
Retirement savings notes
This calculator is educational and does not replace individualized retirement, tax, investment, Social Security, insurance, or estate-planning advice.