Determine how much you need to save by retirement to generate your desired annual income throughout retirement.
How much you need per year in retirement
Annual percentage withdrawn (typically 3.5% to 4.5%)
Number of years left to save
Amount already saved for retirement
Divide your desired annual retirement income by the safe withdrawal rate to determine the total nest egg needed at retirement.
Estimate monthly savings needed to reach your retirement goals.
Estimate your pension benefits from years of service and salary history.
Find out when you can achieve financial independence and retire early.
Combine all income sources to estimate your total retirement income.
Project your 401(k) balance at retirement with employer matching.
Estimate your Social Security benefits by claiming age and earnings.
