Dave Ramsey Retirement Calculator

Current Age

Retirement Age

Current Annual Income ($)

Current Retirement Savings ($)

Annual Savings Rate (%)

Expected Annual Return (%)

Retirement Withdrawal Rate (%)

Dave Ramsey generally recommends the 4% rule for retirement withdrawals

Retirement Plan Results

Years Until Retirement:

0 years

Total Savings at Retirement:

Annual Retirement Income:

Retirement Savings Multiple:

Retirement Savings Growth:

This chart shows the projected growth of your retirement savings over time

Dave Ramsey's Financial Wisdom:

Pay off all debt (including mortgages) before retirement
Save at least 15% of your income for retirement
Invest in growth stock mutual funds with a long-term perspective

How to Use the Dave Ramsey Retirement Calculator

Enter Your Personal Information

Input your current age, desired retirement age, current annual income, and current retirement savings.

Specify Savings Rate and Expected Returns

Enter your annual savings rate (Dave Ramsey recommends at least 15%) and expected annual investment return.

Set Withdrawal Rate

Choose your planned withdrawal rate during retirement. The standard 4% rule is recommended as a starting point.

Calculate and Review Results

Click calculate to see your projected retirement savings, annual income, and personalized recommendations based on Dave Ramsey's financial principles.

Frequently Asked Questions

What is Dave Ramsey's approach to retirement planning? +

Why does Dave Ramsey recommend saving 15% for retirement? +

What is the 4% rule in retirement planning? +

When should I start saving for retirement? +

Free Calculator