Basic Retirement Income Calculator
Get a quick estimate of your retirement savings goal.
About Retirement Planning
This simple calculator uses the 4% rule, a common retirement planning guideline that suggests you can withdraw 4% of your savings annually in retirement.
The 4% Rule Explained
This rule means you'll need about 25 times your desired annual retirement income saved to maintain your lifestyle without running out of money.
Retirement Goal = Desired Annual Income × 25
Example
If you want $40,000 per year in retirement:
- Retirement goal = $40,000 × 25 = $1,000,000
- If you're 30 now and plan to retire at 65 (35 years)
- With $50,000 currently saved
- You'd need to save about $680 per month