Retirement Needs Calculator
Enter desired annual or monthly retirement income and withdrawal rate (e.g. 4%). See the balance you need at retirement.
Target nest egg
Enter values.
How it works
Need = (annual income) ÷ (withdrawal rate as decimal). E.g. $40,000 at 4% = $1,000,000.
When to use it
Use it to set a savings target or to see how much you need for a desired lifestyle.
Frequently asked questions
What withdrawal rate?
4% is a common rule of thumb. Conservative may use 3–3.5%.
Include inflation?
Target is in today's dollars. Save more if you expect higher future spending.