Help me find:
How much I need to save
What I will have at retirement
Current Age:
Target Retirement Age:
Most people retire between the ages of 62 and 70. Many Americans opt to delay retirement until the higher end of this range in order to maximize social security benefits and provide more time for growth of the investments in their retirement accounts. However, this is age will depend on your lifestyle, existing savings, and other personal factors.
Current Retirement Savings ($):
Desired Monthly Spending in Retirement ($):
You should generally plan for your monthly spending in your retirement to be ~70-80% of your monthly income. In general, average retirement spending lands in the range of $4,000-5,000 per month.
Low (<$3.5k)
Typical ($3.5k-$5.5k)
High ($5.5k-$7k)
Luxury (>$7k)
Monthly Savings ($):
Annual Growth in Amount Saved (%):
Annual Return (%):
Diversified portfolios of stocks and bonds have historically generated returns over long periods of time in the range of 6-9% annualized.
Conservative
Standard (7-8%)
Aggressive
Very Aggressive
7.5%
Retirement Savings Plan
