Retirement Planning Calculator

Planning for retirement begins with a goal. Use this calculator to help identify the dollar amount you might need to save for retirement and whether you are on track to meet your goals.

This is a hypothetical estimate and the projections do not represent results from actual clients. A 7% growth rate is assumed for all investments. 3% inflation is assumed for salary replacement requirements calculations at the retirement age. The surplus and shortfall per month during retirement does not include Social Security benefits. Investment profits are not guaranteed and investments may lose value.

My Contributions

My Annual Salary

My 401k Balance

My Contribution

Employer Contribution

My Age

Spouse Contributions

Spouse Annual Salary

Spouse 401k Balance

Spouse Contribution

Employer Contribution

Spouse Age

Retirement Withdrawal

Withdrawal From Retirement Per Year

The 4% rule is designed to help you calculate a safe withdrawal rate during retirement. You can spend 4% of your retirement assets during the first year(s) of retirement. You adjust the withdrawal rate with the rate of inflation each year or your lifestyle during retirement.

Salary Replacement Needed

This is the percentage of your annual income before your retirement that you would need in order to sustain your retirement lifestyle. Most people would need between 60% and 100% of their annual income to be replaced through retirement assets. This percentage can be adjusted based on Social Security payments and the lifestyle you choose during retirement.

My Retirement Age

Other Retirement Assets

Projected Retirement at 68

My Balance


Spouse Balance




Needed per Year at Retirement


This is your annual income replacement needed during your retirement based on your inputs.

Needed per Month at Retirement


This is your monthly income replacement needed during your retirement based on your inputs.

Surplus per Month

This is your shortfall or surplus monthly replacement income during retirement without taking Social Security into account. You may want to create a financial strategy and/or adjust retirement savings rate to plan for and meet your monthly income replacement goal.


Howard Capital Management, Inc. (“HCM”) is an SEC-registered investment advisor with its principal place of business in the State of Georgia. SEC registration does not constitute an endorsement of HCM by the SEC, nor does it indicate that HCM has arraigned a particular level of skill or ability. HCM only transacts business where it is properly registered or is otherwise exempt from registration. The data shown represents hypothetical performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance quoted. Indexes are unmanaged and one cannot invest directly in an index. Investing comes with risk, including the risk of loss. Investing comes with risk, including the risk of loss. HCM cannot guarantee success of any investments. Investments and investment recommendations made by HCM, including recommendations made by HCM-BuyLine®, may result in losses.