Retirement Readiness Calculator — Plan Your Financial Future

Retirement Readiness Calculator

Calculate your retirement readiness. See if you’re on track for retirement based on your savings, contributions, and expected lifestyle.

Step 1: Personal Details

35
65
85

Understanding Retirement Timeline

Your retirement timeline affects how much you need to save. The longer your retirement period, the more savings you’ll need to maintain your lifestyle.

Step 2: Financial Details

6%
2.5%

About Investment Returns

Historical stock market returns average 7-10% annually before inflation. Consider a conservative estimate to ensure your retirement plan is robust.

Step 3: Retirement Goals

$40,000

Retirement Readiness Results

Summary
Scenarios
Breakdown

Your Retirement Readiness Score

75%
Moderately on track
Projected Savings at Retirement
$1,250,000
Annual Shortfall/Surplus
-$5,000
Years of Retirement Covered
22 years
Monthly Contribution Needed
$850

Retirement Scenarios Comparison

Scenario Retirement Age Annual Contribution Projected Savings Readiness Score

Retirement Savings Breakdown

Retirement Calculation Formula

Future Value = PV(1+r)^n + C[((1+r)^n – 1)/r]

Where PV is present value, r is annual return rate, n is number of years, and C is annual contribution. This calculates the future value of your retirement savings.

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