Embracing the golden years is a delightful thought – a beach house, leisurely golf days, and cherished moments with family. However, preparing for retirement requires careful financial planning. Have you ever wondered how much your investments could grow when the time comes to retire? Look no further! Our retirement calculator offers a simple way to estimate your potential retirement savings. Input your numbers and witness a glimpse of your financial future, making those dreams a tangible reality.
If you were born in 1960 or later, 67 years old is the age at which you can retire with full benefits.
This should be the total of all your investment accounts including 401(k)s, IRAs, mutual funds, etc.
This is the amount you invest each month. We recommend investing 15% of your paycheck.
This is the return your investment will generate over time. Historically, the 30-year return of the S&P 500 has been roughly 10-12%.1