Financial Calculator

Retirement Savings Calculator

We know that retirement can feel abstract—especially since so much about the future is unknown. That’s why we built a simple retirement savings calculator to help you answer the question: “how much do I need to retire?” Just answer a few easy questions about yourself, the details of your savings, and what kind of lifestyle you expect in your later years, and we’ll share insights to help you more confidently approach retirement.

Are you saving enough for retirement?

Retirement Savings Calculator

We can help you estimate your retirement savings goals.

Retirement Savings

Age
Savings
Income

Step of 3

Tell us a little about you

Current age and age till retirement

How old are you?

Please only enter numbers.

When do you want to retire?

Please enter only numbers.

How long would you like retirement to be?

Enter a number 1-60

1 60

Let's talk about your savings

How much do you currently have saved for retirement?

Please enter only numbers

How much do you add to your retirement savings each year?

Please enter a valid dollar amount.

What is your average rate of return?

Please enter a number 0 -12

0% 12%

A closer look at your income

What is your current annual income?

Please enter only numbers

What is your partner's current annual income?

Please enter only numbers

How much of your current income will you need in retirement?

Please enter a number 0 - 100.

0% 100%

The results are hypothetical based on your input. Your actual results will vary. Any rates of return used are for illustrative purposes only and does not represent performance of any actual financial vehicle/strategies.

Your situation is unique

Everyone has different ideas about what an ideal retirement looks like, and how to best fund it. We also know that planning for retirement can feel overwhelming given the sheer number of investment products available. But ultimately, the basics of retirement planning are simple: build a diversified portfolio of assets that can provide the income necessary to maintain your standard of living after you leave the workforce.
We’re here to help

At New York Life, our financial professionals can help guide you to financial security and freedom. Whether it’s explaining the finer points of a deferred-income annuity or different ways to save for retirement, we are here to help guide you and your family. Because the more you learn about retirement strategies, the more confident you can be in your decision making—and your financial future.