This Chart Tells Me That I Will Never Retire.

woman working at home at night
South_agency/Getty Images

Yikes. I've got some work to do.

We're in love with this new calculator (below) that charts your retirement savings progress. But, my results were not so good. 🙁

Just plug in your income, age and your current savings. It does all of the work.

I've been playing around with it this afternoon and under no scenario will I be able to retire with my current saving's rate. Luckily, because I'm only 28, they suggest I increase my savings by $50/month to make it happen. Seems doable enough.

Give it a try for yourself:


Want some extra ways to boost your savings? Check this out —>

7 Ways to Make $100 or More Per Hour Without Getting a New Job

The Penny Hoarder Promise: We provide accurate, reliable information. Here’s why you can trust us and how we make money.

Do you think this article might help you put more money in your pocket?Thumbs UpThumbs Down