#342 · Finance Tool

Retirement Gap Calculator

Estimate whether projected retirement savings are enough for your target spending and calculate the remaining gap.

Calculator

Retirement gap inputs
$
$
$
%
yr
$
yr
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How to use this calculator

  1. Enter your target or spending-based retirement assumptions.
  2. Add current savings, monthly contribution, return, and years.
  3. Calculate projected savings and required fund.
  4. Use the extra monthly contribution estimate to close the gap.

What the result means

Estimate whether projected retirement savings are enough for your target spending and calculate the remaining gap. The result is an estimate for planning and comparison. It does not replace professional financial advice.

FAQ

How is the retirement gap calculated?

This calculator estimates the result from the values you enter. Adjust the assumptions to compare scenarios before making decisions.

Should I use target savings or spending?

This calculator estimates the result from the values you enter. Adjust the assumptions to compare scenarios before making decisions.

What if I am already on track?

This calculator estimates the result from the values you enter. Adjust the assumptions to compare scenarios before making decisions.

How sensitive is this to return assumptions?

This calculator estimates the result from the values you enter. Adjust the assumptions to compare scenarios before making decisions.

How does this connect to FIRE planning?

This calculator estimates the result from the values you enter. Adjust the assumptions to compare scenarios before making decisions.