Question 1

How accurate is this retirement calculator?

Accepted Answer

This calculator uses Monte Carlo simulation with 1,000 scenarios to provide probability-based projections. While no calculator can predict the future with certainty, this provides a more realistic range of outcomes than simple compound interest calculations.

Question 2

What is the 4% rule?

Accepted Answer

The 4% rule suggests you can safely withdraw 4% of your retirement savings annually, adjusted for inflation. This calculator evaluates multiple withdrawal strategies including dynamic approaches that adjust based on market performance.

Question 3

Should I include Social Security in my planning?

Accepted Answer

Yes, but conservatively. This calculator can estimate Social Security benefits, but it's wise to plan as if benefits might be reduced. You can get your official estimate at ssa.gov.

Question 4

How much should I save for retirement?

Accepted Answer

A common rule is 10-15% of income, including employer matches. This calculator will show you exactly how much you need to save monthly to reach your retirement spending goals.

Retirement Calculator

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