Retirement Planning Calculator

  1. Background and Investments
  2. Results

Background and Investments

1. Year of Birth

2. Current Annual Salary Before Taxes

Quick Analysis Assumptions

The quick analysis makes certain assumptions, such as your retirement age. Get more details.

3. Investments You Plan to Use for Retirement Income

Enter combined amounts for all retirement investments in each category. Future annual contribution estimates should include the amount that you plan to invest, as well as employer contributions (profit-sharing plans, matching contributions, etc.).

Retirement Investments Current Dollar Value Estimated Future Annual Contributions
Tax-Deferred/Tax-Exempt (Traditional and Roth 401(k)s, 403(b)s, IRAs, etc.) $ $
Taxable (stocks, bonds, mutual funds, savings accounts, CDs, etc.) $ $

4. Expected Annual Income from Defined Benefit Pensions or Pension Annuities in Retirement (Excluding Social Security)

If you don’t qualify for an employer’s defined benefit plan, leave the field blank or enter “0.” This benefit will be adjusted for salary raises up to current maximums.

Information for Your Results Page

To reset the calculator, click Start Over.

2025 Contribution Limits

401(k)/403(b): $23,500 ($31,000 if age 50-59 or 64+).
($34,750 if age 60-63)
The higher catch-up limit is effective January 1, 2025, and is only applicable to participants who attain ages 60, 61, 62, or 63 in 2025.

IRA: $7,000 ($8,000 if age 50+)

This calculator is for illustrative purposes only and is not intended to provide investment advice or portray actual investment results. Your financial situation and goals may change, so you might want to revisit the calculator at least once a year. Be sure to discuss your results with your financial professional.

The calculator does not take certain factors into account, including early withdrawal penalties, required minimum distributions and holding periods. Regular investing does not ensure a profit or protect against loss. Hypothetical annual rates of return are not intended to reflect actual results; your results may vary based on market conditions. The calculator compounds earnings annually and assumes that withdrawals are made at the beginning of the year.

This analyzer was developed by KJE Computer Solutions, which is not affiliated with American Funds. It is intended for use in making a rough estimate of retirement savings plans. We do not guarantee the accuracy of the results or their relevance to your particular circumstances.