# Determine the money youâ€™ll need

### Use this calculator to estimate the savings youâ€™ll need to enjoy the retirement lifestyle you want.

Fill in the blanks; then, click Submit. Click Reset to try different figures.

Many studies indicate that if you want your retirement savings to last, you should withdraw no more than 4% to 6% of your savings each year. The exact percentage depends on many factors, including how long you live.

Assuming a withdrawal rate of 4%, for every dollar you want to withdraw annually during retirement, you need to have $25 in assets set aside at the time you retire.
Your desired annual income in retirement:

Your expected annual social security benefits:

Your expected annual pension, if any:

The annual income youâ€™ll need from
your investments:

The amount of money you need to have invested:

minus

minus

equals

x 25 equals

Everyoneâ€™s retirement picture and goals are a little different. But hopefully this 4% rule gives you a good general guideline.

To decide how much money youâ€™ll need to retire, youâ€™ll need to consider your own retirement spending needs and your own sources of income.
When youâ€™re done, click the Next button.