Retirement calculator

Project what your retirement savings could grow to by the age you plan to stop working, what that is worth in today’s dollars, and the monthly income it could support.

You
Your savings
Assumptions
Used to show the results in today’s purchasing power.
The share of the balance drawn each year once retired. 4% is the traditional rule of thumb.
Savings at retirement$1,462,966at age 65, in future dollars
In today’s dollars
$602,723
Monthly income at retirement
$4,877
Monthly income in today’s dollars
$2,009
Total contributed
$348,000
Growth
$1,114,966
  • Contributions
  • Growth
$0$500K$1M$1.5M
Age 35Age 43Age 50Age 58Age 65

Estimates, rounded for display. Rates, taxes and fees change; check the figures that matter against your own statements.

How it works

The math behind the result

The projection compounds your current savings and monthly contributions at the return you expect, month by month, until the year you retire. Contributions and growth are kept separate, so the chart shows how much of the final balance came from saving and how much from the return doing the work.

A dollar at retirement buys less than a dollar today. Dividing the final balance by inflation compounded over the same years gives the figure in today’s purchasing power, which is the honest one to plan around.

The income line applies the withdrawal rate to the balance and divides by twelve. The traditional 4% rule comes from studies of portfolios lasting 30 years through historical markets; a lower rate is safer for a longer retirement or a cautious portfolio, and a higher one draws the money down faster.

savings at retirement = savings × (1 + r)^n + contribution × ((1 + r)^n − 1) ÷ r
in today’s dollars = savings at retirement ÷ (1 + inflation)^years
monthly income = savings at retirement × withdrawal rate ÷ 12
r = return ÷ 12 · n = years to retirement × 12
Common questions

Questions, answered.

With Zypper

Connect your retirement and brokerage accounts and Zypper keeps their balances in your net worth, updated daily, so you can check the real line against the one you projected here.