Estimate what you might spend in retirement, apply a simple rule-of-thumb (like the 4% rule), and see whether your current savings put you close to “on track” for that spending level.
This calculator uses two common planning shortcuts: many retirees spend about 80% of their pre-retirement budget, and a sustainable withdrawal rate is often approximated by the 4% rule. You can adjust both to fit your situation.
Enter your current monthly spending (or current retirement budget if you’re already retired), tweak your expected retirement spending percentage, add any guaranteed income (Social Security, pensions, annuities), and we’ll estimate the portfolio size you might want at retirement and how your current savings compare.