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Retirement Savings Calculator

Estimate nest egg and monthly savings needed for a target retirement income.

Also known as: calculate savings required for target retirement income calculator, how much do i need to retire calculator, calculate savings required for target retirement income, retirement finance, retirement calculate savings required for target retirement income

Inputs

Results update when you click Calculate Savings Goal.

Nest egg needed

$2,000,000

  • Monthly savings needed$2,676
  • Projected current savings$605,811
  • Gap to close$1,394,189
  • Target income$80,000/yr

Path to nest egg (with planned savings)

PortfolioContributions only
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Recently used

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What this result means

Estimate nest egg and monthly savings needed for a target retirement income. Nest egg = Target income ÷ Withdrawal rate. Future value of current savings subtracted; remainder funded via monthly contributions.

Assumptions

  • Rule dependency: Universal formula / market assumptions.

Retirement nest egg

Nest egg = Target income ÷ Withdrawal rate. Future value of current savings subtracted; remainder funded via monthly contributions.

Example

$80,000/yr at 4% withdrawal → $2,000,000 nest egg target.

Frequently asked questions

What withdrawal rate should I use?+

4% is a common planning starting point; conservative planners often use 3–3.5%.