Comprehensive Retirement Calculator
Current Age:
Your current age in years.
Desired Retirement Age:
The age at which you want to retire in years.
Life Expectancy:
Your expected life expectancy in years.
Current Savings ($):
The total amount of money you currently have saved for retirement.
Monthly Contribution ($):
The amount of money you plan to contribute towards your retirement savings every month.
Expected Annual Return (%):
The average annual return you expect to earn from your retirement investments, expressed as a percentage.
Expected Annual Inflation Rate (%):
The estimated annual rate of inflation, expressed as a percentage. This will help adjust your retirement savings for future purchasing power.
Investment Risk Profile:
Conservative
Balanced
Aggressive
Your risk tolerance level when it comes to investing your retirement savings. Choose a profile that aligns with your comfort level.
Other Retirement Income ($):
Any additional income you expect to receive during retirement from sources other than your retirement savings (e.g., social security, pension).
Occasional Lump Sum Additions ($):
Any one-time lump sum additions you plan to make to your retirement savings (e.g., inheritance, bonus).
Expected Monthly or Annual Expenses in Retirement ($):
Your estimated monthly or annual expenses during retirement.
Calculate
Adjusted Retirement Savings:
Potential Annual Withdrawal Amount:
Shortfall or Surplus: