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Toolisti

Retirement Calculator

Plan your retirement with our free calculator. Project savings growth, calculate monthly income using the 4% rule, and compare multiple scenarios.

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How to Use

  1. 1
    Enter basic information — Input your current age, retirement age, current savings, and monthly contribution amount.
  2. 2
    Select expected return rate — Choose from conservative (5%), moderate (7%), or aggressive (9%) return rates.
  3. 3
    Configure advanced settings — Add Social Security, employer match, inflation rate, and target income.
  4. 4
    Review your projections — See projected balance, monthly income, and whether you're on track.
  5. 5
    Compare scenarios — Save multiple scenarios to compare different plans side by side.

Frequently Asked Questions

What is the 4% rule?

The 4% rule suggests you can withdraw 4% of savings annually without running out over 30 years. With $1 million, you could withdraw $40,000/year ($3,333/month).

How does employer match work?

Employer match is free money your employer adds based on your contributions. A 50% match up to 6% means they add 3% when you contribute 6%.

Why adjust for inflation?

Inflation reduces purchasing power over time. The adjustment shows your balance in today's dollars for a realistic picture of retirement wealth.

How accurate are these projections?

These are estimates based on constant assumptions. Real returns vary. Use scenario comparison to see how different assumptions affect outcomes.

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