Retirement Calculator

How to Plan for a Secure Retirement

Retirement planning is one of the most important financial journeys you will ever undertake. The earlier you start, the more time compound growth has to work in your favor. This retirement calculator helps you see the big picture.

The 4% Rule and Safe Withdrawal Rates

The 4% rule suggests that you can withdraw 4% of your retirement savings in the first year, then adjust for inflation each year, with a high probability that your money will last 30 years. To apply this rule, multiply your desired annual retirement income by 25.

Why Inflation Matters in Retirement Planning

Inflation is often called the silent retirement killer. At 3% annual inflation, the purchasing power of your savings is cut in half approximately every 24 years. This calculator accounts for inflation by increasing your monthly withdrawals each year.

Social Security and Other Income Sources

This calculator focuses on your personal savings, but most retirees also receive Social Security benefits. The average Social Security retirement benefit in 2026 is approximately ,900 per month. Factor this into your plan by reducing your expected monthly spend accordingly.

Healthcare Costs in Retirement

Healthcare is often the largest unexpected expense in retirement. Fidelity estimates that an average retired couple age 65 will need approximately ,000 after tax to cover healthcare costs throughout retirement.