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Are you planning for retirement? We can help.

Use this retirement calculator to see if your portfolio is
likely to support your retirement goals.

Retirement Calculator

See how small changes today could affect your
retirement success.





Median Projected Portfolio Value

How Your Plan Stacks Up:

Use the calculator below to get your retirement results.

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Assumptions and Privacy


The calculations used within this tool are based solely on information provided by the user. All examples, if any, are hypothetical and for illustrative purposes only and do not represent current or future performance of any specific investment. No representations, warranties or guarantees are made as to the accuracy of any estimates or calculations. Personal Capital is not liable for any damages or costs of any type arising out of or in any way connected with your use of this calculator. The information provided in this tool does not serve, either directly or indirectly, as legal, financial or tax advice and you should always consult a qualified professional legal, financial and/or tax advisor when making decisions related to your individual tax situation. Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk.

Calculation Assumptions

This tool is intended to provide a basic sense of how your portfolio may grow and support your stated spending goals. It also gives you an easy way to see how adjustments to the most important variables (savings rate, spending rate and retirement age) can impact you. All results are presented in today’s dollars, inflation adjusted at 3.5%. Projections utilize a Monte Carlo simulation, with the median scenario highlighted. The median scenario (or 50th percentile) shows the level where 50% of the scenarios had a more favorable outcome. We ran 5,000 simulations based on the expected cash flows, annual return and standard deviation assumptions based on risk tolerance selected as listed below. The return and risk assumptions are based on the historical performance of the high level asset allocation of the risk model selected. The portfolio survival percentage represents the percent of the simulations which ended age 92 with a balance above $0. Growth and volatility assumptions are based on historical asset class returns and correlations using well diversified portfolios. They do not account for fees or trading costs.

Highest Growth is 9.3% historical median return, 15.6% historical risk

Aggressive is 8.8% historical median return, 13.6% historical risk

Moderate is 8.2% historical median return, 11.5% historical risk

Conservative is 7.2% historical median return, 7.5% historical risk

Highest Safety is 6.0% historical median return, 4.8% historical risk

We chose an inflation number higher than current levels to help account for low current interest rates which may lead to lower future investment returns. In the accumulation stage we assume no taxes on portfolio growth, but tax all portfolio withdrawals (spending above income) at 20%. In the distribution phase, we assume a single tax filing status, annual income of $65,000, and no state tax; taxable withdrawals are taxed at long-term capital gains rates with an assumed basis of 50% of the taxable portfolio at retirement; each year, 2% of the taxable portfolio balance is paid out in dividends, taxed as qualified dividends; tax-deferred withdrawals taxed at ordinary income rates.

Privacy Policy

Privacy policy can be viewed here

Personal Capital Advisors Corporation ("PCAC") compensates ("Company") for new leads. ("Company") is not an investment client of PCAC.

["Author"] has entered into an agreement with Personal Capital Corporation ("Personal Capital"), through which Author will be paid up to $200 for each person who uses webpage to register with Personal Capital and links at least $100,000 in investable assets to Personal Capital's Free Financial Dashboard.  The “Author”, due to such compensation, has an incentive to recommend Personal Capital, resulting in a material conflict of interest. Author is not affiliated with Personal Capital and Author's services consist solely of referrals of prospective clients. As a result of this arrangement Author may financially benefit from referring qualified leads to Personal Capital. No fees or other amounts will be charged to investors by Author or Personal Capital as a result of the arrangement. Investors that are referred by Author to Personal Capital and subscribe for investment advisory services provided by Personal Capital’s subsidiary, Personal Capital Advisors Corporation (“PCAC”), will not pay increased management fees or other similar compensation to Author, Personal Capital or PCAC as a result of the arrangement. This  agreement with Author does not imply a sponsorship, endorsement, approval, investigation, verification, or monitoring by PCAC of the contents of the Author's website. Personal Capital is not responsible for the content of any website owned by a third party that may be linked to Personal Capital's website regardless of whether the link is provided by PCAC or a third party. Personal Capital does not prepare or maintain, has not and will not review or update, and does not guarantee the accuracy, timeliness, completeness, suitability, reliability, or usefulness of any information contained on a linked third-party website.

Advisory services are offered for a fee by PCAC, a wholly owned subsidiary of PCC, an Empower company. PCAC is a registered investment adviser with the Securities Exchange Commission ("SEC"). SEC registration does not imply a certain level of skill or training. Past performance is not a guarantee of future return. Investing involves risk. Personal Capital and the Personal Capital logo are trademarks of PCC. All other trademarks, trade names, or service marks used or mentioned belong to their respective owners.