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Women Financial Power offers a user friendly retirement calculator — an easier way to plan your financial future.
Project your future savings
Easy to use
Track how far your money will stretch
Income, savings, and monthly contributions
This is your total income before taxes. It includes your salary and any regular income.
This is how much you're putting away for retirement each month. Financial experts often recommend 10-15% of your pretax income..
Tell the calculator how much you've already saved in your retirement accounts like 401(k)s and IRAs.
Estimate how much you'll need each month to live comfortably when you're retired. You can base this on your current spending habits.
We factor in a 3% annual inflation rate, but you can adjust this to see how it affects your savings.
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.
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