Retirement Calculator – Estimate Retirement Age, Savings & Monthly Income

This retirement calculator helps you estimate when you can retire, how much you'll need, and what your monthly income might be. It factors in your age, income, savings, Social Security, investment returns, inflation, and taxes to give you a clear, personalized outlook.

Free Tool
Real-Time
Precision
Advance Insight
John Smith

Deepak Yadav

Principal Tools Architect

Published

May 25, 2025

Your Profile

Required

Current Finances

Required
$
$
$
%
%

Investment Strategy

Premium
7%
Low (0%)High (15%)
2.5%
Low (0%)High (10%)
60%
Stocks
30%
Bonds
10%
Cash

Note: This Investment Mix helps set the "Expected Annual Return". The "Expected Annual Return" slider is the direct input for growth calculations.

Retirement Goals

Required
$
/year
80%
Frugal (e.g. 50%)Comfortable (e.g. 100%+)

Social Security

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Include Social Security?
$
/month
Get your estimate at SSA.gov

Advanced Options

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15%
$

Note: Selected account types are for your reference. The calculator uses the single "Estimated Tax Rate in Retirement" for simplicity.

Note: The calculator primarily models withdrawals based on your inflation-adjusted desired income. Other strategies are conceptual.

Life Events

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Add one-time expenses or income events.

Your Retirement Outlook

Retirement Savings Goal
$0
Target (Today's $) by age 65
Current Progress
0%
Est. Monthly Income (Ret.)
$0
Pre-tax, future dollars
Retirement Readiness
Based on your current plan
Calculating...
At RiskOn TrackExcellent
Target Retirement Age
When you plan to retire
0
Current Retirement Savings
Total across all accounts
$0
Projected at Retirement
Estimated future value
$0
Retirement Fund Duration
How long your money may last
0 years

Retirement Savings Projection

Chart shows total projected savings. Accumulation view: growth until retirement. Distribution view: savings usage during retirement.

Retirement Income Sources (Est. Monthly, First Year)

Retirement Accounts
$0/mo
Social Security
$0/mo
Other Income
$0/mo
Total Est. Monthly Income$0/mo

Pre-tax estimates in future dollars for the first year of retirement.

Investment Return Scenarios

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Success Probability (Illustrative)
Estimated likelihood of funds lasting, based on market scenarios.
0%

Note: These scenarios explore varied returns around your "Expected Annual Return". "Median Projection" uses your direct input.

Personalized Recommendations

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Increase Contributions

Consider increasing monthly contributions by $200. Small increases can have a large impact.

Adjust Asset Allocation

Example: Set Expected Return to 8.0% (e.g. 70% Stk, 25% Bnd, 5% Csh).

Delay Retirement

Consider delaying retirement by 2 years to significantly boost savings and potential SS benefits.

Note: Recommendations are examples. Click "Apply Change" to see the impact.

Your Retirement Timeline

Age 0 (Now)

Current savings: $0. Saving $0/month.

Midpoint to Retirement (Age 0)

Projected savings: $0. Review progress.

Social Security Claim Age (62)

If claiming, SS benefits start (may be reduced if before FRA).

Retirement (Age 0)

Projected savings: $0. Est. monthly income: $0.

Life Expectancy (Age 0)

Funds projected to last until age 0.

Current Plan Summary

Strategy Details:

  • Monthly contribution: $0
  • Investment mix (Informational): 0% stocks...
  • Retirement age: 0
  • Expected annual return: 0%

This chart mirrors the 'Accumulation' view of your main savings projection.

Frequently Asked Questions