A retirement calculator helps you estimate how much money you'll need to retire and whether you're saving enough.
Factor | Description |
---|---|
Current Age | Your current age |
Retirement Age | Age when you want to stop working |
Monthly Savings | Amount you save monthly before retirement |
Current Savings | Money you have saved already |
Annual Return Rate | Estimated growth rate (%) of your investments |
Years in Retirement | Expected years after retirement |
Monthly Expense | Estimated living expenses after retirement |