Free Retirement Savings Calculator
Retirement Savings Calculator
Estimate your nest egg, see your funding gap, and find out exactly what to do next.
Your Information
$
$
%
Hover the % / $ toggle for details. % grows with your raises; $ stays flat.
%
Calculated as a percentage of your salary in your final working year before retirement.
$
Include any monthly income you expect in retirement outside of these savings — for example Social Security, a pension, annuity payments, or withdrawals from an IRA, 401(k), or other retirement account.
Advanced Assumptions
%
Enter the percentage you expect your salary to increase each year until retirement. This compounds annually on your current income.
%
Default figures are for illustrative purposes only; actual market returns will vary.
%
Default figures are for illustrative purposes only; actual market returns will vary.
%
Default figures are for illustrative purposes only; actual market returns will vary.
The age you want your savings to last to — in other words, how long you want your retirement income to be funded.
Your Results
Projected Total Savings
—
Retirement Number Needed
—
Funding Gap / Surplus
—
Age Money Runs Out
—
Growth & Drawdown
What To Do Next
Annual Cash Flow
| Age | Starting Balance | Additions / Growth | Ending Balance |
|---|
Disclaimer - This calculator is an educational tool providing hypothetical estimates based on your inputs. It does not offer financial, legal, tax, or investment advice, nor does it create a professional or fiduciary relationship.
All outputs are provided "as is" without guarantees of accuracy, completeness, or future market performance. FreeBasicTools.com is not liable for any financial decisions, losses, or damages resulting from the use of this tool.
Because financial situations vary, consult a certified financial professional before making retirement decisions.