🏖️ Retirement Calculator

The retirement calculator helps you plan savings and estimate your monthly retirement income. Input parameters: • Current age and retirement age • Current savings amount • Monthly contribution • Expected annual return rate • Life expectancy after retirement Calculation logic: 1. Projects savings growth until retirement (compound interest) 2. Distributes the total across post-retirement years 3. Calculates the monthly withdrawal amount Understanding the results: • Savings at retirement: total accumulated at retirement date • Monthly income: distributed monthly amount based on life expectancy • Replacement rate: retirement income as a percentage of pre-retirement income Use cases: personal pension planning, assessing savings adequacy, comparing different return scenarios. Actual returns are subject to market fluctuations; for reference only.