Retirement Calculator

Plan your financial future with comprehensive retirement calculations

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Retirement Calculator

Plan your retirement with our comprehensive calculator. Determine how much you need to save, calculate withdrawal amounts, and create a personalized retirement savings strategy.

đŸ–ī¸ Retirement Planning

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📊 Calculation Results

Amount Needed to Retire
$1,880,000
at age 67
Current Age 35
Retirement Age 67
Years to Retirement 32
Current Savings $30,000

Summary

Based on your current plan, you will need approximately $1,880,000 to retire comfortably at age 67.

📈 Retirement Analysis

Balance Over Time

Retirement Income Scenarios

Understanding Retirement Planning

Common Rules of Thumb

10% Rule

Save 10-15% of your pre-tax income annually for retirement.

80% Rule

Plan for 70-80% of your pre-retirement income in retirement.

4% Rule

Withdraw 4% of your nest egg annually in retirement.

Key Factors

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Time to Retirement

The earlier you start, the more time your money has to grow through compound interest.

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Investment Returns

Higher returns can significantly reduce the amount you need to save regularly.

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Inflation Impact

Inflation reduces purchasing power over time, requiring larger retirement savings.