Can I retire at…

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When can I retire?

This retire year calculator shows the year you can afford to retire, based on what you've saved, what you add each month, and how your money grows. Change any number and your answer updates instantly.

Your retire year

2055 (age 64)

You'll need about $722,000 in today's dollars.

$
$
$

In today's dollars. Tip: monthly spending × 12.

$

Find your estimate at ssa.gov/myaccount. Enter 0 to leave it out.

7%

Before inflation. A stock-heavy portfolio has averaged roughly 7–10% over long periods.

Advanced options
%

As a share of what you save. 50% means your employer adds $50 for every $100.

%

E.g. saving more as your pay grows.

%

Between 62 and 70. Waiting longer means bigger checks.

%

How much of your savings you take out in year one. The "4% rule" is a common starting point.

Your savings over time

Your savingsAmount needed to retire at that age

Where your money comes from

Ways to retire sooner

    Assumptions

      Year-by-year table

      AgeYearContributionsGrowthBalance

      How this calculator works

      First, it works out your retirement number: the savings you need so that, together with Social Security, you can cover your yearly spending. With the default 4% withdrawal rate, that's 25 times the income your savings must provide.

      Then it grows your savings month by month at your expected return, adding what you save each month. Your retire year is the first year your savings reach your retirement number.

      Everything is shown in today's dollars, so $50,000 a year means the same buying power $50,000 has now. If you plan to retire before Social Security starts, the calculator adds enough to cover those years too.

      Frequently asked questions

      What age can I retire?

      You can retire at any age once your savings, plus Social Security and any pension, can cover your spending for the rest of your life. Enter your numbers above to find your retire year. For reference, the earliest age to claim Social Security is 62, and Medicare starts at 65.

      How accurate is this retirement calculator?

      It gives a solid estimate using standard formulas, but it assumes a steady average return, and real markets go up and down. It also leaves out taxes and fees. Use it to see where you stand and what changes help most. See exactly how we calculate.

      What return should I expect on my investments?

      Nobody knows future returns. A stock-heavy portfolio has historically averaged roughly 7–10% a year before inflation over long periods, with big swings along the way. Portfolios with more bonds tend to earn less. Try a few rates to see how much the answer changes.

      Why are the results in today's dollars?

      Because $1 million in 30 years won't buy what $1 million buys today. We adjust for inflation so every number means what it seems to mean.

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