Use this retirement savings calculator to see how much you should be saving each month to build the retirement fund you need, taking into account your current savings and expected investment returns.
Retirement Savings Calculator
Your Results
Enter your details to see results.
How to Use This Calculator
Enter your current age, target retirement age, desired savings total, expected annual return, and current savings.
- Current Age — your age today.
- Retirement Age — when you plan to retire.
- Desired Savings — the total pot you want at retirement.
- Annual Return — the expected investment growth rate per year (5–7% is commonly used).
- Current Savings — what you have already saved for retirement.
Frequently Asked Questions
How much do I need to retire?
A common rule of thumb is 25× your expected annual expenses (the “4% rule”).
What return rate should I use?
Historically, a diversified equity portfolio returns around 7% per year before inflation. Use 5% for a conservative estimate.