Retirement Calculator — How Much Will You Need & Are You On Track

Free Retirement Calculator. Are you on track for retirement? Project savings growth, compare withdrawal strategies, and see the impact of working longer.

👤 Your Profile
401(k), IRA, or any retirement account
📈 Assumptions
Typical stock/bond mix: 6-9%
4% rule is standard for 30-year retirement
🏖️ Retirement Target
Your expected cost of living per month
Monthly income you expect to receive
🧠 Your Personal Priorities

For each factor: the long slider = your expectation — how much you WANT this.
The higher your expectation, the more weight it carries.
The two short sliders = how much each scenario would actually deliver — one for your current plan, one for working 5 more years.

🏦 Total Savings
$0
At age 65
💵 Monthly Withdrawal
$0
From your savings each month
🏆 Monthly Surplus / Gap
$0
After Social Security and expenses
📈 Savings Growth Over Time
Retire at 65 Retire at 70 (work 5 more years)
⚡ Also try: Save or Invest · Debt Snowball vs Avalanche · Loan Amortization · Buy vs Rent · Should I Buy a Car

📖 Retirement Planning: Are You On Track?

Retirement might feel far away, but compound interest makes time your most powerful ally. A 25-year-old saving $300/month at 7% returns has over $700,000 at 65. Starting at 35 means saving $600/month for the same result.

Key insight: Starting 10 years earlier can cut your monthly savings need in half. Our calculator compares your current plan against working 5 more years so you can see the real impact.

The 4% Rule

The 4% rule: withdraw 4% of your portfolio in year one, adjust for inflation yearly, and your money lasts 30 years with high probability. For $1M: $40,000/year. The rule works best with a 50-75% stock allocation and 30-year retirement horizon.

Social Security Timing

Claim as early as 62 or as late as 70. Each year of delay adds ~8% to your monthly benefit. A $2,000/month benefit at 67 becomes $1,400 at 62 or $2,480 at 70. If you expect to live past 80, delaying almost always pays off.

Last updated: July 1, 2026
How this calculator works: We project savings growth to retirement, estimate safe withdrawals using the 4% rule adjusted for inflation, and compare your current plan vs working 5 more years. Final score = 40% financial + 60% personal.

🔗 Related Calculators You Might Need

💹 Save or InvestOptimize how you save and invest for retirement.use this tool → 💳 Debt Payoff StrategiesShould you pay off debt or save for retirement?use this tool → 🏠 Buy vs RentShould you own a home in retirement or rent?use this tool → 📊 Loan AmortizationShould you pay off your mortgage before retiring?use this tool →

❓ Frequently Asked Questions About Retirement

How much do I need to save for retirement?▼
Aim for 25-30 times your annual expenses. If you spend $50,000/year, target $1.25-1.5M. Our calculator gives you a personalized number.
What is the 4% rule?▼
Withdraw 4% of your portfolio in year one, adjust for inflation yearly. For $1M, that is $40,000/year. Designed to last 30 years.
When should I claim Social Security?▼
Delay to 70 if you expect to live past 80. Each year of delay = +8% to your monthly benefit. Claim early (62) if you need the income sooner.
Is working longer worth it?▼
Working 5 more years can increase savings 30-50% through extra contributions, growth, and delayed Social Security. Our calculator shows the difference.
What investment return should I assume?▼
Use 6-7% for a balanced portfolio (60% stocks, 40% bonds). The default 7% is reasonable for long-term. The calculator also shows inflation-adjusted values.