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Women Financial Power Calculator

Retirement Calculator for Women

Women Financial Power offers a user-friendly retirement calculator that helps you see how much money you might have when you retire. It takes into account your current savings and projects how far that money will stretch, considering the usual rise in living costs over time.

Estimate Your Retirement Savings

This retirement calculator helps you project your future savings based on your current income, savings, and monthly contributions.

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Retirement Calculator Insights
First things first, let's figure out how much money you'll need for retirement. To do this you can use the Women Financial Power retirement calculator.
01
Annual Pretax Income
This is your total income before taxes. It includes your salary and any regular income.
02
Monthly Contribution
This is how much you're putting away for retirement each month. Financial experts often recommend 10-15% of your pretax income..
03
Current Retirement Savings
Tell the calculator how much you've already saved in your retirement accounts like 401(k)s and IRAs.
04
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.
05
Inflation
We factor in a 3% annual inflation rate, but you can adjust this to see how it affects your savings.
06
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.
07
How Much Should You Save for Retirement?
Professionals typically recommend saving between 10% and 15% of your pre-tax income for retirement.
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