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Erdman Financial Group

Am I Saving Enough for Retirement?

It's the most common question in financial planning — and most people are guessing. Enter your numbers and get a direct answer: you're on track, you're close, or here's exactly what needs to change.

Your Information

About You

Current Age
Target Retirement Age
Current Annual Income Gross, before taxes
$
Current Retirement Savings All accounts combined
$

Your Savings

Your Monthly Savings Contribution
$
Include employer match?
Yes, my employer matches contributions
Match Rate Per your dollar
%
Match Cap % of salary
%

Your Retirement Goal

Target Monthly Income in Retirement Today's dollars
$
Years in Retirement How long to plan for
30 yrs

Assumptions

Expected Annual Return Before retirement
7%
Inflation Rate
3%
Return During Retirement
5%

How this works

We calculate the nest egg you need at retirement to fund your target monthly income for your full retirement period, using a real rate of return that accounts for inflation. We then project what your current savings and monthly contributions will grow to by your target retirement date.

The gap — or surplus — between those two numbers tells you whether you're on track. If there's a gap, we calculate exactly how much more you need to save each month to close it, so you leave with a specific, actionable number rather than a vague concern.

Employer match is included in your effective savings rate — many people underestimate how much their match contributes, and capturing the full match is always the first step.

Your Savings Assessment

Your Current Rate
0%
of gross income saved
Rate Needed
0%
to reach your goal

Savings Projections at Retirement

Scenario Monthly Savings Projected Balance

What If You Saved More?

Plain English Summary

Your results will appear here

Fill in your information and click Calculate

Take the Next Step

A savings rate is a target. A financial plan is how you hit it.

Now that you have a number, the next question is how to get there — through the right accounts, tax strategy, and investment allocation working together. If any of this resonates, I'd love to have that conversation.

Schedule a Free Conversation