Retirement Planning4 min

Retirement Savings Gap Calculator

Calculate the gap between your projected retirement savings and what you'll actually need, with a plan to close it.

Free • Accurate • Instant Results

Retirement Savings Gap Inputs

$
$
$
%
Years

Projected Savings

📈

$1,361,843

Savings Gap

⚠️

$138,157

Additional Monthly Needed

💰

$265

Target

🎯

$1,500,000

Growth Over Time

🤖

AI Insights

Personalized analysis based on your inputs

⚠️

Gap Identified

Your current trajectory falls short of your goal. Consider increasing contributions, adjusting your target, or extending your timeline.

📅 Future Projections

YearTotal ValueContributionsGrowthReal Value
2031$313,896$240,000$73,896$270,770
2036$543,769$330,000$213,769$404,615
2041$866,177$420,000$446,177$555,966
2046$1,318,372$510,000$808,372$729,950
2046$1,318,372$510,000$808,372$729,950
2046$1,318,372$510,000$808,372$729,950
2046$1,318,372$510,000$808,372$729,950

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Formula Used

Retirement Savings Gap

Gap = Target − Projected Savings

Variables

Projected Savings= FV of current savings + future contributions

Example

$1.5M target − $1.1M projected = $400,000 gap to close

Frequently Asked Questions

Increase monthly contributions, work longer, reduce your target by lowering planned retirement spending, or pursue higher (riskier) investment returns.

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Disclaimer: This calculator is for informational and educational purposes only. Results are estimates based on inputs you provide. They are not financial, tax, investment, or legal advice. Consult a qualified financial professional before making financial decisions. Actual results may vary based on market conditions, tax laws, and individual circumstances.