Retirement Calculator
Calculate your retirement savings and pension needs
Usage Instructions
Current Savings: Existing retirement savings amount
Monthly Savings: Monthly contribution to retirement savings
Annual Return Rate: Expected annual return rate on investments
Annual Expenses: Annual living expenses after retirement
Life Expectancy: Used to calculate total retirement needs
Retirement Planning Principles
• 4% Rule: 4% of retirement savings can be used as annual expenses
• Income Replacement Rate: Retirement income should be 70-80% of working income
• Inflation Consideration: Consider 3% annual inflation rate
• Diversified Investment: Diversify investments to reduce risk
• Regular Adjustment: Adjust savings plan according to circumstances
Investment Recommendations
• Young age: Stock funds (6-8% annual return)
• Middle age: Balanced funds (5-7% annual return)
• Near retirement: Bond funds (3-5% annual return)
• After retirement: Conservative investments (2-4% annual return)