Retirement Savings Calculator

In order to retire, how much will you need to invest today?

We all look forward to our retirement years as a time to spend with family and friends, a time to travel and explore, and a time to relax and enjoy life. This is all more likely if you create a long-term plan for a secure financial future. This calculator will help you determine how much you will need to have invested in order to withdraw a specified amount each year over the course of a specified period of time. This “present-value analysis” does not take into account additional savings or Social Security unless you include that estimate into your calculation.

PLEASE DO NOT use dollar signs, commas, or any other characters except numbers and decimals.

At retirement, how much would you like to withdraw each month?

What is the annual interest rate you expect to earn?

%

How many years will you be making withdrawals?

years

The amount you need to save is…

Information in this Retirement Savings Calculator is made available to you as a self-help tool for your independent use. We do not and cannot guarantee its accuracy or its applicability to your specific circumstances. Please seek advice from a qualified professional regarding all personal finance issues.