Retirement Calculator

The 4% Rule Explained

The 4% rule suggests you can safely withdraw 4% of your retirement savings each year without running out of money over a 30-year retirement. To find your target nest egg, multiply your desired annual income by 25.

For example, if you want $60,000/year in retirement, you need $60,000 × 25 = $1,500,000 saved.

How Much Should You Save for Retirement?

• Age 30: Aim to have 1x your annual salary saved
• Age 40: Aim to have 3x your annual salary saved
• Age 50: Aim to have 6x your annual salary saved
• Age 60: Aim to have 8x your annual salary saved
• Age 67: Aim to have 10x your annual salary saved

Don't Forget About Inflation

At 3% inflation, $60,000 today will only have the purchasing power of about $24,000 in 30 years. This calculator accounts for inflation so you can see the real income you'll need.

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