Retirement Planning Calculator
Use this calculator to find out how much money you might need in retirement and whether your current savings plan could get you to your goal.
The calculator results will provide a chart that compares your projected savings to your retirement goal. You’ll then be able to try different scenarios to see how changes in your savings plan might affect your results.
Calculator tips:
- You can click each question for help and additional information.
- Revisit the calculator each year, since your financial situation and goals may change.
- Discuss your results with your financial professional. The calculator is for illustrative purposes only and is not intended to provide investment advice or portray actual investment results.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so you may lose money. Investors should carefully consider the investment objectives, risks, charges and expenses of the American Funds. This and other important information is contained in the prospectuses, which can be obtained from your financial professional and should be read carefully before investing.
This calculator is for illustrative purposes only and is not intended to provide investment advice or portray actual investment results. Your financial situation and goals may change, so you might want to revisit the calculator at least once a year. Be sure to discuss your results with your financial professional.
The calculator does not take certain factors into account, including early withdrawal penalties, required minimum distributions and holding periods. Regular investing does not ensure a profit or protect against loss. Hypothetical annual rates of return are not intended to reflect actual results; your results may vary based on market conditions. The calculator compounds earnings annually and assumes that withdrawals are made at the beginning of the year.
