RETIREMENT PLANNER
Will your money last through retirement?
Explore how your savings, contributions, retirement spending, and investing could shape your retirement.
Your information
Assumptions
What you expect your investments to earn until retirement. Historical stock market averages have been between 6-10%
The calculator applies this constant average return each working year. Actual annual returns fluctuate and may be negative. Good returns on investments is critical to retirement.
People often choose less risky investments in retirement, so expected returns may be lower.
Less risky investments can reduce volatility, but they may also produce lower expected returns. No assumed return is guaranteed.
Use your expected average annual raise.
Your salary is increased by this percentage after each working year. Most professions have between 3-5% yearly salary growth.
How much you expect prices and living costs to increase each year. Long-term U.S. inflation has averaged about 3%.
Inflation means the same goods and services generally cost more over time. While the historical average is 3%, anywhere from 2-4% is possible.
How much you think you will spend each year in retirement, in today's dollars.
Enter the amount you want to spend annually in today's purchasing power. Consider what lifestyle you want in retirement.
Income such as Social Security, a pension, or investment-property income.
The entered amount begins in the first retirement year and then increases annually with inflation. Do not count on social security income, unless you are within 10 years of retirement.
YOUR PROJECTION
At retirement
First-year spending
Earliest sustainable retirement
Money runs out
Portfolio Projection
Year-by-Year Projection
The start-of-year portfolio is the balance at the beginning of each age. Saving or spending during that year, along with investment growth, is reflected in the next row.
| Age | Start-of-year portfolio | Phase | Annual Salary | Saved during year |
|---|
Curious how these numbers are calculated? See how it works →