Simple Retirement Calculator

If you’re thinking about taking life a little slower, it’s important to have a good understanding of the options available to you. That’s where a Simple Retirement Calculator comes in handy. This calculator can help you answer common retirement questions, such as how much money you’ll need to retire comfortably, when you should start planning to retire, and more.



Note: if you feel that the annual allowed expenditure in retirement is insufficient, that means you will need to save more while you’re still working, increase your annual growth rate on your savings, or delay your retirement age.

Assumptions Used in the Simple Retirement Calculator above

  1. Current Annual Savings is added to the nest egg at the end of a year.
  2. Once drawdown from the nest egg begins, the annual growth rate of the nest egg goes to 0%
  3. Average inflation rate still applied even into retirement, to ensure that the calculation is conservative.

Final Words on using the Simple Retirement Calculator

Saving for when you finally stop working can be a daunting task, but it is important to start planning as early as possible. A simple retirement calculator can help you determine how much money you will need to save in order to retire comfortably.

We hope this calculator has helped you to gain a better perspective as you work towards finally retiring from work. Our intention is that the calculators we develop are helpful to you as you go through this journey. If you have any suggestions for improvement, or other types of calculators that could be useful for you, please do not hesitate to drop us a message using the contact form. If we have enough votes, we’ll develop them for you.

Last but not least, do stay tuned to the other articles that we will be releasing to give more tips on how to save more, make more and ultimately achieve the retirement goals that you may have. Also, let us know if you have any pressing questions, and we will do our best to gather the relevant information for you!

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