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Calctive

Retirement Calculator

Plan your retirement with our comprehensive calculator. Estimate your retirement savings, monthly income, and see if you're on track for a comfortable retirement.

Input Values

$6,000 per year

$48,000 per year

💡Quick Tips

  • •The 4% rule suggests withdrawing 4% of savings annually for a 30-year retirement
  • •Start saving early to take advantage of compound interest over time
  • •Historical stock market returns average 7-10% annually (adjusted for inflation)
  • •Consider maxing out employer 401(k) match - it's free money!

Results

LIVE

Enter values and calculate

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How to Use

  1. 1Enter your current age and desired retirement age
  2. 2Input your current retirement savings amount
  3. 3Add your monthly contribution amount
  4. 4Enter expected annual return rate (typically 7-10% for stocks)
  5. 5Input your expected monthly expenses in retirement
  6. 6Click Calculate to see your retirement projections
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Formula

FV = PV(1+r)^n + PMT × [((1+r)^n - 1) / r] Where: FV = Future Value (Total Savings) PV = Present Value (Current Savings) PMT = Monthly Payment (Contribution) r = Annual Return Rate n = Number of Years  Safe Withdrawal Rate = 4% Rule Monthly Income = (Total Savings × 0.04) / 12
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Common Use Cases

Young professional starting at age 30 with $50K saved
Mid-career worker at 45 catching up on retirement savings
Early retirement planning with aggressive savings rate
Compare different contribution amounts to reach retirement goals