Retirement Calculator

Estimate how much you'll have saved by retirement based on your age, current savings, monthly contributions, and return rate. Free, instant, no signup.

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Formula: FV = Savings×(1+r)^n + Monthly×((1+r)^n − 1)/r
  • r = monthly return rate
  • n = months until retirement

How to use the Retirement Calculator

  1. Enter your values. Fill in the fields with your numbers.
  2. Calculate. Press Calculate to run the retirement calculator.
  3. Use the result. Copy the result or try a related tool next.

Why use our Retirement Calculator

Instant results. Enter your figures and the retirement calculator returns an answer in seconds.
Free & private. Runs in your browser — no signup, and nothing is sent to a server.
Accurate. Uses standard formulas so you can rely on the numbers.

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About the Retirement Calculator

The Retirement Calculator projects how large your retirement nest egg could grow by the time you stop working, and how much annual income that pot might realistically support. You enter your current age, target retirement age, the amount you have saved today, your ongoing monthly contributions, and an expected average annual return. From there the tool compounds your existing balance and your future deposits forward to retirement, then estimates a sustainable yearly withdrawal. It turns a vague worry into a concrete number, so you can see whether your current savings rate is on track or needs a nudge upward.

Reach for this calculator whenever you are making a savings decision and want to see its long-term consequence: deciding how much to put into a 401(k) or IRA, weighing whether to retire at 60 versus 67, or sanity-checking a target like 'a million dollars by 65'. It is most useful early, because small changes to your monthly contribution or retirement age compound dramatically over decades. People also use it the other way around, starting from a desired retirement income and working backward to find the nest egg and monthly savings required to fund it.

Under the hood the tool combines two finance formulas. Your current savings grow by future value of a lump sum, FV = PV * (1 + r)^n, while your monthly contributions grow as a future value of an annuity, FV = PMT * (((1 + r)^n - 1) / r), where r is the periodic return and n is the number of periods until retirement. The two results are added to estimate your nest egg. To translate that balance into spendable income, the calculator commonly applies the 4% rule: roughly 4% of the starting balance can be withdrawn in year one, which is the same as the 25x rule (a $40,000 income need implies $1 million saved).

Treat every figure as an informed estimate, not a promise. The output is only as good as the assumptions you feed it, and returns, inflation, and your own life span are impossible to forecast precisely. A return assumption that is off by a single percentage point can shift a multi-decade projection by hundreds of thousands of dollars, so it helps to run optimistic and pessimistic versions. On privacy: this calculator runs entirely in your browser. Your age, balances, and contribution amounts are never sent to a server, stored, or shared, so you can model sensitive numbers freely.

Frequently asked questions

How much do I need to retire?

A widely used shortcut is the 25x rule: estimate your desired annual spending in retirement and multiply by 25. If you expect to need $60,000 a year from savings, that points to about $1.5 million. This pairs with the 4% rule, which assumes you withdraw roughly 4% of the balance in your first year of retirement.

What rate of return should I enter?

Many calculators default to around 6% before retirement and a more conservative 5% during retirement, reflecting a shift to safer investments. These are nominal estimates based on long-run historical averages, not guarantees. Use a lower figure if you want a cautious projection and consider whether your return is already inflation-adjusted.

Does the calculator account for inflation?

It depends on what you enter. A common approach is to assume about 3% average annual inflation, which matches the long-term U.S. average. You can build inflation in by using a real (inflation-adjusted) return, for example 4% instead of 7%, so the result is stated in today's purchasing power.

How accurate is a retirement calculator?

It is a planning estimate, not a forecast. The result is highly sensitive to your assumptions about returns, inflation, and life expectancy, all of which are impossible to predict exactly. Because a 1% difference in return can change a 30-year projection by a large amount, run several scenarios rather than trusting a single number.

Does it include Social Security or pensions?

This calculator focuses on the savings you build through contributions and investment growth. For a fuller picture, subtract any guaranteed income such as Social Security or a pension from your annual spending need first, then use the calculator to size only the gap your savings must cover.

From our blog

How Long to Walk a Mile: Pace, Speed, and a Simple Way to Estimate It

By the Super Simple Digital Tools Team · Updated June 2026

Walking a mile sounds simple, but the time it takes spans a wide range depending on how fast you move. Health agencies put the average adult walking speed between 2.5 and 4 miles per hour, which translates to roughly 24 minutes per mile at the slow end and 15 minutes at the brisk end. The single most useful number to know is that a steady 3 mph pace, the average for a healthy adult, produces a 20-minute mile. Once you anchor to that, faster and slower paces are easy to reason about.

The relationship behind every walking-time estimate is the speed-distance-time triangle: time equals distance divided by speed. For exactly one mile the distance term drops out neatly, so your mile time in minutes is simply 60 divided by your speed in miles per hour. That is why 3 mph gives 20 minutes (60 / 3) and 4 mph gives 15 minutes (60 / 4). If you would rather start from pace, flip it around: your speed in mph equals 60 divided by your minutes-per-mile, so a 15-minute mile is 4 mph.

Pace charts based on research show how the number drifts with age and sex. Walkers in their 20s often manage a 17-to-20-minute mile, the figure stays fairly flat through the 40s, then climbs gradually, with many people over 60 walking closer to a 21-or-22-minute mile. Men tend to walk slightly faster than women, with the gap narrowest in the 20s. These are averages, not limits; regular brisk walking can keep your mile time well below the curve for your age group.

Beyond age, the everyday variables matter just as much. Uphill grades, gravel or sand, stairs, crossing signals, hot or icy weather, carrying a child or a loaded pack, and plain tiredness all push your real mile time above the flat-ground estimate. That is why the calculator's output is best treated as a planning baseline. If your route includes a steep climb, mentally add a few minutes; if it is downhill and clear, you may beat the estimate.

To get the most from the tool, time yourself once over a known flat mile, then feed that pace back in for future routes. Knowing your true number lets you plan arrivals, set training targets, and track progress as your fitness improves. Shaving even a minute or two off your mile, by lengthening your stride a little and increasing your cadence, adds up over a daily walk and is a clear, measurable sign that your conditioning is moving in the right direction.

  • Time yourself over a flat, measured mile once, then use that real pace in the calculator instead of a generic average.
  • Aim for a brisk 3.5-to-4 mph pace (about a 15-to-17-minute mile) if your goal is cardiovascular exercise rather than a casual stroll.
  • Add two to four minutes per mile when your route has meaningful hills, rough terrain, or frequent street crossings.
  • To track progress, recheck your mile time monthly; cutting it by a minute usually means lengthening your stride slightly and quickening your cadence.

Read the full guide →

Tool by the Super Simple Digital Tools Team. Reviewed by our editorial team. Free to use, no signup required.

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