How much do you need to retire? When can you retire?
Unfortunately there’s no magic retirement calculator that can tell you exactly how much money you’ll need for the future. There are many unknowns, like how long you’ll live. Or how healthy you’ll be as you get older. But just because you can’t be precise doesn’t mean it’s a bad idea to plan ahead.
You can use this retirement calculator to get an idea of how much money you’ll need to retire. Compare what you’ll need to save against what you’re currently putting aside to get an idea of how you’re doing. Happy calculating!