Dashboard
Savings Growth Projection
Contributions vs Returns
Financial Milestones
Smart Insights
Personal Information
Current Finances
Market Assumptions
Retirement Goals
Risk Tolerance
Balanced approach with moderate growth potential and manageable risk.
Income Sources
Total monthly: $0
| Source | Type | Monthly Amount | Start Age | End Age | Actions |
|---|
Monthly Expenses
Total monthly: $0
| Expense | Category | Monthly Amount | Annual | Actions |
|---|
Year-by-Year Projection
| Age | Year | Contributions | Investment Returns | Total Balance | Real Value |
|---|
Scenario Comparison
Retirement Balance Over Time
| Age | Year | Starting Balance | Withdrawal | Returns | Ending Balance | Status |
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How to Use RetireWise
Setup Your Financial Profile
Go to the Financial Profile tab. Enter your current age, planned retirement age, and current savings. This creates the baseline for all projections.
Define Your Goals
In the same tab, specify your Desired Monthly Income (in today's dollars) for retirement. Adjust the Withdrawal Rate (usually 4%) to determine how much total capital you need.
Detail Income & Expenses (Optional)
Use the Income & Expenses tab to track cash flow. This helps calculate your actual savings rate and provides insights on spending habits.
Analyze Projections
Check the Dashboard for a quick health check. Visit Projections to see year-by-year growth and the impact of inflation on your purchasing power.
Test Scenarios
Use Scenario Analysis to see how "Best Case" (high returns) vs "Worst Case" (low returns, high inflation) market conditions affect your retirement date.
Key Assumptions
This tool relies on standard financial models. Please note the following limitations:
- Constant Returns: Investment returns are averaged annually. Real markets fluctuate wildly.
- Fixed Inflation: Inflation is treated as a steady percentage, not a variable year-over-year rate.
- Tax-Neutral: All figures are Gross (Pre-Tax). We do not account for capital gains taxes or income tax on withdrawals.
- No Windfalls: Calculations assume steady contributions without inheritance or lottery wins.
- Static Spending: Withdrawal simulations assume your spending scales exactly with inflation.