Retirement Calculator Online – Plan Your Retirement Savings

Using the Advanced Retirement Calculator is simple and effective. Follow these steps to instantly arrange your retirement funds.

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Step-by-step instructions:

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• Enter your present age (for example, 30).
• Specify Retirement Age: Enter the desired retirement age (for example, 65).
• Current Savings: Enter your current retirement savings amount (e.g., $50,000).
• Set Annual costs: Enter your projected annual retirement costs (for example, $40,000).
• Enter Expected Return: Provide the yearly investment return rate (for example, 6%).
• Inflation Rate: Enter the projected inflation rate (e.g. 2%).
• Add Monthly Contribution: Enter your monthly savings amount (for example, $500).
• Set Life Expectancy: Enter your estimated lifespan (e.g., 85).
• Click “Calculate Retirement Plan” to see the results.
• Review the results: Look at the desired savings, future value, shortfall/surplus, and flip between the payment plan and cost breakdown tabs.