Wondering how much income you’ll have in retirement? Estimate your monthly income based on your current savings, annual contributions, Social Security benefits, and other factors.
We use the 4% rule as a starting point, which means withdrawing about 4% of your initial retirement savings each year. The calculator then adjusts this estimate based on your personal information and key factors like investment returns and inflation.
Remember, this is an estimate that uses simplified assumptions. For advice tailored to your unique situation, consider speaking with a qualified financial professional.
Enter your current pre-tax annual income.
Percentage of pre-retirement income needed in retirement.
Estimated based on your income. Adjust to lock the benefit amount.
At age 67, you may have a retirement savings balance of $2,608,999.
In today's dollars*
70% of current income
The green line shows the accumulation phase, and the orange line shows the withdrawal phase.
Your estimated monthly retirement income of $16,031 is calculated based on the following assumptions:
This calculator uses the 4% rule as a baseline for retirement withdrawals, adjusted for your specific situation. The 4% rule suggests that you can withdraw approximately 4% of your initial retirement savings each year with a high probability of not outliving your money over a 30-year retirement period.
Note: This is an estimate based on the information provided and general assumptions about investment returns and inflation. Your actual results will vary. Consult with a financial advisor for personalized advice.
This chart represents all of your projected income sources in retirement. You can increase Social Security, for example, if you have an eligible spouse earning benefits as well.
We adjust future purchasing power to today's dollars - the projected actual amounts are on the right. These figures are used to estimate how long your savings will last.