SAVINGS RATE CALCULATOR
How much of your income should you save?
Calculate how much of your income you may need to save to support the life you want during retirement.
Your information
Assumptions
Use your expected average annual raise.
What you expect your investments to earn until retirement. Historical stock market averages have been between 6–10%.
People often choose less risky investments in retirement, so expected returns may be lower.
How much you expect prices and living costs to increase each year. Long-term U.S. inflation has averaged about 3%.
How much you think you will spend each year in retirement, in today's dollars.
Income such as Social Security, a pension, or investment-property income.
ESTIMATED MINIMUM SAVINGS RATE
Monthly savings needed
Projected at retirement
First-year retirement spending
To retire three years earlier
Portfolio Projection at the Calculated Rate
Year-by-Year Projection
| Age | Phase | Annual Salary | Saved | Total Balance |
|---|
Want to know how the savings rate is calculated? See how it works →