Retirement Planning Tool

Estimate Your Retirement Income

Use this calculator to project your retirement savings, compare assumptions, and better understand how contributions, investment returns, inflation, and retirement timing may impact your future income.

Your Retirement Details

Calculator Definitions

Starting Balance

Initial balance currently held in retirement accounts.

Annual Contributions

Total yearly savings added toward retirement, including employer contributions.

Age at Retirement

The age you plan to retire. Contributions stop during the retirement year.

Return Before Retirement

Expected annual investment return before retirement.

Return During Retirement

Expected annual investment return during retirement, often lower due to more conservative assumptions.

Expected Inflation

Long-term inflation assumption used to adjust contribution growth and future purchasing power.

Years of Retirement

The number of years you expect retirement income to last.

Tax-Deferred Savings

Applies when savings are in accounts such as an IRA, 401(k), 403(b), 457(b), or annuity.

Increase Deposits

Allows annual contributions to rise each year with inflation.

Important: Results are hypothetical and for educational purposes only. Future rates of return cannot be predicted with certainty. Investments may lose principal and higher potential returns are generally subject to higher risk and volatility. This calculator does not provide tax, legal, or investment advice.