Retirement Age Planner Calculator
Calculate how much you need to save for retirement based on your current age and financial situation

Plan your ideal retirement with our personalized savings calculator
How to Use This Retirement Calculator
- Enter your current age and planned retirement age
- Input your current savings and annual income
- Estimate your retirement expenses (typically 70-80% of pre-retirement income)
- Adjust investment returns (default is 6% for balanced portfolio)
- Click "Calculate" to see your retirement savings goal and progress
This calculator helps you estimate your FIRE number (Financial Independence, Retire Early) and whether you're on track for your retirement goals.
Your Retirement Plan Results
Retirement Savings Goal
Based on 4% safe withdrawal rate
Current Savings Progress
Projected Savings at Retirement
With current savings rate
Annual Savings Needed
To reach your goal
Understanding Your Retirement Plan
Retirement Savings Goal (FIRE Number): This is the total amount you need to save to retire comfortably, calculated using the 4% rule (withdrawing 4% annually in retirement). For example, if you need $40,000 per year, you'd need $1,000,000 saved.
Projected Savings: Estimates how much you'll have at retirement based on your current savings rate and investment returns. If this is below your goal, consider increasing your savings rate.
Annual Savings Needed: The amount you should save each year to reach your retirement goal on time.
Boost Your Retirement Savings
Maximize 401(k) contributions, especially if your employer offers matching. Consider IRA accounts for additional tax-advantaged savings.
Reduce Retirement Expenses
Paying off your mortgage before retirement and relocating to lower-cost areas can significantly reduce your needed nest egg.
Invest Wisely
A balanced portfolio with stocks and bonds typically yields 6-7% returns long-term. Avoid being too conservative with investments.
Consider Semi-Retirement
Working part-time in retirement can reduce the amount you need to save by covering some expenses while allowing your savings to grow.
Note: This calculator provides estimates only. Market returns, life expectancy, and personal circumstances will affect your actual retirement needs. Consult a financial advisor for personalized advice.
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