Retirement Savings Calculator: How Much Do You Need?

Planning Your Retirement Savings

Retirement planning is a crucial step toward securing a comfortable future. Estimating how much you need to save allows you to set realistic financial goals. This Retirement Savings Calculator takes into account your income, expected retirement age, planned annual expenses, and anticipated rate of return on investments to help you determine your retirement savings goal.

How to Use the Calculator

To estimate your retirement savings needs, fill in the following details:

• Current Age: Your current age to calculate the time until retirement.
• Retirement Age: The age you plan to retire.
• Annual Income: Your current annual income as a baseline for future needs.
• Estimated Annual Retirement Expenses: The annual amount you anticipate spending in retirement.
• Expected Rate of Return (%): The annual rate of return you expect on your retirement investments.