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Retirement Calculator

Retirement Calculator

This calculator can give you an idea of your expected income during retirement by estimating your
401k account balances both before and after retirement. 

Enter the values of your Salary and other variables. You can leave the box blank if a particular question is not relevant. Click once on the "Calculate" button to see your results.

Salary    
Enter your current annual salary here. $
     
Employer Contributions to 401k    
If your employer contributes to your 401k, enter that contribution as a percentage of salary.   %
     
Your 401k Contributions    
Enter your 401k contribution as a percentage of salary.   %
     
Pre-Retirement Earning Rate
Enter the net interest rate you expect to earn on your 401k to retirement.  Typically, you would invest more aggressively prior to retirement and then switch to lower risk investments after retiring.   %
     
Post Retirement Earning Rate
Enter the net interest rate you expect to earn once you retire.   %
     
Inflation Rate    
Enter the expected inflation rate over the coming years.   %
     
Salary Increase Rate    
Enter the rate at which you expect your salary to increase over the coming years.   %
     
Current Retirement Account Assets    
Enter the current value of any retirement accounts you have now. $
     
Current Age    
Enter your current age.  
     
Expected Retirement Age
Enter the age at which you plan to retire.  
     
Desired Retirement Income
Enter the amount of money you would like to have to spend each year during retirement, in today's dollars.  80% of  your currently salary is a good guideline. $
     
Click "calculate" to see your retirement estimates.  
     
Result Pre-Retirement    
Employer Contribution - This box shows how much money your employer is contributing to your 401k each year given the contribution percentage you entered above. $
Your Contribution - This box shows how much money you are contributing to your 401k each year. $
Account Value at Retirement - This is the total value of your 401k account when you retire. $
     
Result Post-Retirement    
1st year value - This is the total value left in your 401k account at the end of your first year in retirement. $
2nd year value - This is the total value left in your 401k account after two years in retirement, and so on... $
3rd year value $
4th year value $
5th year value $
10th year value $
15th year value $
20th year value $