ZovaTool

Retirement Calculator

Projected Corpus
$4,555,196.62
Required Corpus
$1,536,818.25
Gap
$-3,018,378.37
Monthly Income at retirement
$21,583.54
Desired @ retirement
$7,281.79
Years in Retirement
25

How to use the Retirement Calculator

  1. Enter your current age, intended retirement age and life expectancy.
  2. Set current savings and your monthly contribution.
  3. Add an annual step-up percentage to model raises and contribution increases.
  4. Set expected returns separately for pre- and post-retirement, plus inflation.
  5. Enter the monthly income you want in today's money — we'll inflate it to your retirement year.
  6. Compare Projected Corpus vs Required Corpus; the Gap tells you how much more you need.
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How much do you actually need to retire?

There's no universal number. It depends on your retirement age, life expectancy, lifestyle, inflation and the return your portfolio earns after you stop working. Our calculator handles all of those in one model.

The 4% rule is a useful starting point but assumes US market history and a 30-year horizon. Use the post-retirement return and inflation fields to stress-test more conservative assumptions.

Start early. Because of compounding, contributions made in your 20s are worth multiples of the same dollars added in your 50s. The step-up field rewards anyone who can raise their contribution every year.