Retirement Calculator

Estimate how much you need to save for retirement and when you can stop working.

Savings at Retirement
$0
Amount Needed (4% Rule)
$0
Surplus / Shortfall
$0
Monthly Income from Savings
$0
Total Monthly Income (w/ SS)
$0
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How Much Do You Need to Retire?

The amount you need depends on your desired lifestyle, location, and healthcare costs. Most financial planners recommend the 4% rule: multiply your desired annual spending by 25 to get your target nest egg.

  • $40K/year → need $1,000,000
  • $60K/year → need $1,500,000
  • $80K/year → need $2,000,000
  • $100K/year → need $2,500,000

Tips to Reach Retirement Faster

  • Start now — Time is your biggest asset. $500/month at 7% for 35 years = $829K.
  • Max your 401k — $23,000/year limit (2026) plus employer match = free money.
  • Use Roth IRA — Tax-free growth and withdrawals in retirement.
  • Keep fees low — Index funds charge 0.03% vs. 1%+ for active funds.
  • Avoid lifestyle inflation — Invest raises instead of spending them.

Frequently Asked Questions

What is the 4% rule?

The 4% rule comes from the "Trinity Study." It found that withdrawing 4% of your portfolio in year one, then adjusting for inflation, has a 95%+ success rate of lasting 30 years across a mix of stocks and bonds.

Can I retire early (FIRE)?

Yes! The FIRE (Financial Independence, Retire Early) movement shows that saving 50%+ of your income can let you retire in 10-17 years instead of 40+. Use this calculator to model different savings rates.

Should I include Social Security?

Yes, but be conservative. Social Security replaces about 40% of pre-retirement income for average earners. Check your estimated benefits at ssa.gov.

Disclaimer

This calculator is for educational and estimation purposes only. It does not constitute financial, tax, or investment advice. Results are estimates based on the inputs you provide and may not reflect your actual situation. Consult a qualified financial advisor, tax professional, or lender before making important financial decisions.