Plan your retirement with SmartFinCalc’s free calculator. Estimate how much you need to save, when you can retire, and how long your savings will last.
Use our free retirement calculator to estimate how much you’ll need to retire based on your income, savings, retirement age, and expected expenses. Factor in inflation, social security, and investment returns to create a realistic retirement strategy.
It depends on your desired retirement lifestyle, expected expenses, and retirement age. A common rule is to save 25x your annual expenses.
You input your income, savings, retirement age, expected expenses, and it projects your future savings, adjusted for inflation and growth rate.
You can optionally include estimated monthly Social Security or pension income in the retirement income section.
A common guideline is the 4% rule, which suggests withdrawing 4% of your savings per year in retirement to make your money last.