A clearer path to financial independence

FIN Calculator

Define the retirement you want. See what it takes to get there.

2.5% annual inflation10.5% assumed annual growth5.5% annual withdrawal

Your retirement plan

4 simple inputs

1Current age

years

2Desired retirement age

years

Your time to build0 years until retirement

3Desired monthly income in retirement

$/ month

In today's purchasing power.

Monthly income needed at retirement
Adjusted for 2.5% annual inflation$0

4Current monthly contributions towards retirement

$/ month

The total you currently invest toward retirement each month.

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Your retirement savings goal

Financial Independence Number

Total savings needed at age 0 to provide your inflation-adjusted income at a 5.5% annual withdrawal rate.

On track to$0

Based on $0 invested each month for 0 years at 10.5% assumed annual growth.

Monthly investment to reach your goal

$0 / month

Starting from $0, with monthly reinvestment and month-end contributions.

$0DIFFERENCE FROM SAVINGS GOAL

$0MONTHLY CONTRIBUTION DIFFERENCE

$0Monthly income at retirement

$0Annual income at retirement

Calculation method & assumptions

How it is calculated: Years until retirement = desired retirement age − current age. Monthly income at retirement = desired monthly income × 1.025^{years until retirement}. Financial Independence Number = inflation-adjusted monthly income × 12 ÷ 0.055. The savings goal is rounded up to the next dollar; displayed income amounts are rounded to the nearest dollar.

Assumptions: Inflation is modeled at a fixed 2.5% per year. The 5.5% rate is an assumed annual withdrawal from the savings balance at retirement; it is not an investment return or a guarantee that savings will last. The monthly investment estimate starts with no existing savings and assumes a fixed 10.5% annual return modeled at 0.875% per month, with equal contributions at month-end until retirement. It is rounded up to the next dollar and targets the rounded Financial Independence Number. The “On track to” balance applies the same growth assumption to your current monthly contributions in Step 4. The savings difference compares that projection with your Financial Independence Number. The monthly contribution difference compares your current monthly contribution with the rounded-up monthly investment target. Shortfalls and surpluses are labeled separately. Assumed investment returns are not guaranteed. If retirement starts now, the full savings target is needed immediately. Taxes, fees, other income sources, later inflation, market fluctuations, and retirement duration are not modeled.