Project your retirement savings with inflation-adjusted projections
This retirement calculator provides a comprehensive projection of your retirement savings, accounting for inflation, monthly contributions, and investment returns. It calculates the total savings you will have at retirement, estimates your monthly income in retirement using a sustainable withdrawal approach, and performs a gap analysis to show whether you are on track to meet your retirement income goals.
The calculator also includes a year-by-year projection table so you can see how your savings grow over time, and accounts for inflation to give you a more realistic picture of your purchasing power in retirement.
Enter your current age, desired retirement age, and life expectancy. Input your current savings, monthly contribution, and expected annual return on investments. Enter your current annual income and the percentage of it you want in retirement. The inflation rate helps adjust future values to today's purchasing power. Click Calculate to see your projected savings, monthly income, and gap analysis with a full year-by-year table.
Most financial experts recommend planning for 70-80% of your pre-retirement income to maintain your standard of living. This is because some expenses (like commuting and work-related costs) decrease in retirement, while healthcare and leisure expenses may increase.
Inflation reduces the purchasing power of your savings over time. At 3% annual inflation, the cost of living doubles approximately every 24 years. This calculator accounts for inflation so you can see both nominal and inflation-adjusted values, giving you a more realistic picture of your retirement readiness.