Secure Your Financial Future
Will you have enough money to retire comfortably? The only way to find out is to run the numbers. Our retirement calculator takes your current age and savings rate to project exactly how much money you will have at retirement age.
The Cost of Waiting
When it comes to retirement planning, time is your most valuable asset. Try increasing your current age by just 5 years in the calculator while leaving everything else the same. You will see a massive drop in your final nest egg. Start saving today!
Frequently Asked Questions
A common rule of thumb is the 4% rule, which states you need a nest egg equal to 25 times your annual expenses. If you want to spend $40,000 a year in retirement, you need a $1,000,000 nest egg.
If your money is invested in a diversified portfolio of index funds, 7% is a safe, conservative estimate that accounts for inflation. 10% is the historical average before inflation.
It is never too late! While starting early provides the biggest advantage due to compound interest, aggressively saving later in life can still secure a comfortable retirement.