Finance
Retirement Calculator
Calculate how much you need to save for retirement and your monthly savings target
Required Retirement Savings3055615.58 ¥View results
Your current age
Target retirement age
Expected lifespan age
Existing retirement nest egg
¥
Monthly contribution to savings
¥
Target monthly retirement income
¥
Expected rate of return before retirement
%
Post-retirement rate of return
%
Expected inflation rate
%
Real-time Results
Required Retirement Savings
3055615.58¥
Total amount needed for your retirement
Projected Retirement Savings
1270779.73¥
Expected savings at retirement with current plan
Retirement Gap
1784835.85¥
Shortfall in retirement savings
Additional Monthly Savings Needed
2002.39¥/month
Extra amount you should save monthly
Recommended Total Monthly Savings
3002.39¥/month
Total amount you should save monthly
Inflation-Adjusted Monthly Income at Retirement
14069.31¥/month
Your desired income adjusted for inflation
Retirement Savings Breakdown
Visual breakdown of your retirement savings components
Disclaimer
The calculation results of this financial tool are for estimation and research reference only and do not constitute any investment advice or commitment. Actual rates and yields are subject to the final contract with the financial institution.
Supported inputs
| Input | Description |
|---|---|
| Current Age | Your current age |
| Planned Retirement Age | Target retirement age |
| Life Expectancy | Expected lifespan age |
| Current Savings (¥) | Existing retirement nest egg |
| Monthly Contribution (¥) | Monthly contribution to savings |
| Desired Monthly Retirement Income (¥) | Target monthly retirement income |
| Expected Return Rate (%) (%) | Expected rate of return before retirement |
| Post-Retirement Return Rate (%) (%) | Post-retirement rate of return |
| Inflation Rate (%) (%) | Expected inflation rate |
Formula
Required Retirement Savings = Annual Retirement Income × [1 - (1 + r)^(-n)] / r where: r = Real post-retirement return rate (adjusted for inflation) n = Years in retirement Projected Retirement Savings = Current Savings × (1 + r)^t + Monthly Savings × [(1 + r/12)^(12t) - 1] / (r/12) where: r = Real investment return rate (adjusted for inflation) t = Years until retirement
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