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Instructions
Enter your information in the boxes below, then click the calculator button to see your results.
TIP: If you aren’t sure what or how much to enter, just click on the information icon for further guidance.
Calculating...
Results: 0
Congratulations! It appears that you have saved enough to meet your goal. In fact, it appears that at age 00 you will still have 0 in your retirement accounts.
Error
The results are hypothetical and do not represent the performance of any particular investment. Actual results will be more or less favorable. Retirement Savings indicate the amount saved until retirement and assumes baseline income and savings increases of 2% and 1%, respectively, and a hypothetical annual investment return rate of 5% (Motley Fool, November 2015 [https://www.fool.com/investing/general/2015/11/01/the-average-americans-investment-returns-and-how-y.aspx]). Retirement Withdrawals indicate the annual deduction of retirement savings, adjusted by the anticipated Social Security benefit and 2% inflation (U.S. Bureau of Labor Statistics [https://data.bls.gov/timeseries/CUUR0000SA0L1E?output_view=pct_12mths]). This assumes no withdrawals during the savings period and doesn’t take into consideration any taxes.
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