The Simple Retirement Calculator

Retirement planning doesn’t have to be complicated. That's why Women Financial Power offers a user-friendly retirement calculator — an easier way to plan your financial future.

Insights

Project your future savings

User friendly

Easy to use

Performance

Track how far your money will stretch

Inputs

Income, savings, and monthly contributions

Retirement Income Planning

Retirement Calculator Insights

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Annual Pretax Income

This is your total income before taxes. It includes your salary and any regular income.

Monthly Contribution

This is how much you're putting away for retirement each month. Financial experts often recommend 10-15% of your pretax income..

Current Retirement Savings

Tell the calculator how much you've already saved in your retirement accounts like 401(k)s and IRAs.

Monthly Budget in Retirement

Estimate how much you'll need each month to live comfortably when you're retired. You can base this on your current spending habits.

Inflation

We factor in a 3% annual inflation rate, but you can adjust this to see how it affects your savings.

Retirement Income Goal

A common guideline is to aim for 70% of your pre-retirement income during retirement. You can achieve this through savings, investments, Social Security, and other income sources.