How this calculator works for California residents

California's high cost of living makes retirement planning critical. This Ramsey calculator helps Californians in Los Angeles, San Francisco, San Diego, Sacramento, and San Jose see if they're on track with the 15% rule.

Key features for California planning

• 15% Contribution Rule — Invest 15% of gross household income into retirement accounts, following Baby Step 4.
• 8% Withdrawal Rate — Withdraw up to 8% of your nest egg annually based on Ramsey's growth portfolio assumptions.
• Pension & Social Security — Subtract expected pension and Social Security income from your monthly retirement need.
• Couples Mode — Combine both spouses' incomes, ages, and savings into one household projection.
• Employer Match — Include matching contributions from your workplace retirement plan.