How much should I save for retirement?

Retirement can be a richly rewarding period of your life if you have prepared financially. In addition to meeting your living expenses, adequate income during retirement will allow you to serve missions, help family members, and volunteer in your community.

This calculator will help you evaluate how well you have prepared and consider what you can do to improve your retirement outlook.


Retirement Information and Assumptions
Your current age
Current annual income ($)
Spouse's annual income (if applicable) ($)
Current retirement savings ($)
Expected inflation: (%)
Desired retirement age
Number of years of retirement income
Income replacement at retirement: (%)
Pre-retirement investment return: (%)
Post-retirement investment return: (%)
Include social security benefits?
Marital status

This calculator is provided courtesy of CalcXML, LLC, makers of the "Get Out and Stay Out" of debt program, to assist you in planning for your future. The quality of the analysis is the result of information you provide. The accuracy of this calculator and its applicability to your circumstances is not guaranteed.

Analysis is provided for general illustration and/or informational purposes only and is not to be construed as tax, legal, or investment advice. Although the calculator is based on information from sources believed to be reliable, accuracy and individual circumstances can vary. The information should be relied upon only when coordinated with individual advice from qualified professionals.