Retirement Planner

The Retirement Planner is a calculator tool designed to help users estimate the required savings, investment returns, and retirement age needed to plan for their retirement. It provides projections based on various scenarios to assist individuals in making informed decisions about their financial future.

To use the Retirement Planner:

1. Open the Retirement Planner tool in a web browser.

2. Fill in the following details in the provided input fields:

   - "Current Age": Enter your current age.

   - "Desired Retirement Age": Specify the age at which you wish to retire.

   - "Life Expectancy": Input your estimated life expectancy.

   - "Current Savings": Enter the amount of money you have saved for retirement so far.

   - "Annual Contribution": Specify the amount you plan to contribute to your retirement savings each year.

   - "Estimated Investment Return (%)": Input the estimated rate of return on your investments (as a percentage).

3. Click on the "Calculate" button.

4. The Retirement Planner will process the provided information and display the results in the "Results" section. It will provide you with an estimate of the total savings you will need at retirement based on the inputted data.

The tool considers factors such as your current age, desired retirement age, life expectancy, current savings, annual contribution, and estimated investment return to calculate the projected total savings required for a comfortable retirement. It takes into account the potential growth of your savings through investments over the years.

You can use the Retirement Planner multiple times, adjusting the inputs to explore different scenarios and understand how different variables impact your retirement savings goals. It serves as a helpful tool for financial planning and making informed decisions about saving and investing for retirement.