Retirement Calculator – Plan Your Financial Freedom
This retirement calculator estimates how much your savings will grow over time and how much monthly income you can withdraw during retirement.
Future Value Formula (Lump Sum)
FV = P × (1 + r)t
Future Value of Monthly Contributions
FV = PMT × [(1 + r)n − 1] ÷ r
Inflation Adjustment Formula
Real Value = FV ÷ (1 + inflation)t
4% Retirement Rule
Estimated yearly withdrawal = Total Savings × 4%
Example
If you invest $500 monthly at 7% return for 30 years, your retirement savings could exceed $600,000.
Why Retirement Planning Matters
Proper retirement planning ensures financial independence and protects against inflation risk.