Retirement Calculator
Find out if you're on track for retirement. See your projected nest egg, monthly income, and how much your contributions will grow by the time you retire.
Retirement Nest Egg
$1,188,181
at age 65 (35 years away)
Monthly Retirement Income
$3,961
$47,527/year at 4% withdrawal rate
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Portfolio Growth vs Total Contributions by Age
How Much Do You Need to Retire?
A common rule of thumb is the 25x rule: you need 25 times your annual expenses saved to retire comfortably. This is based on the 4% withdrawal rate â withdrawing 4% per year has a high probability of not running out of money over a 30-year retirement.
- Annual expenses of $40,000 â need $1,000,000
- Annual expenses of $60,000 â need $1,500,000
- Annual expenses of $80,000 â need $2,000,000
The 4% Withdrawal Rule
Based on historical stock and bond returns, research shows that withdrawing 4% of your portfolio in year one, then adjusting for inflation annually, has a ~95% success rate over 30 years. More conservative retirees use 3â3.5%.
How to Catch Up If You're Behind
- Increase contributions â maximize your 401(k) ($23,500 in 2026) and IRA ($7,000)
- Work a few more years â each extra year adds savings and reduces withdrawal years
- Reduce planned expenses â retiring on $50K vs $70K cuts your target by $500K
- Part-time work in early retirement â even $20K/year dramatically extends portfolio longevity
- Delay Social Security â benefits increase ~8% per year from age 62 to 70
Retirement Account Contribution Limits (2026)
| Account | 2026 Limit | Catch-up (50+) |
|---|---|---|
| 401(k) / 403(b) | $23,500 | +$7,500 |
| IRA (Traditional or Roth) | $7,000 | +$1,000 |
| SEP-IRA (self-employed) | 25% of income up to $70,000 | N/A |
What Annual Return Should You Assume?
The S&P 500 has historically returned about 10% annually before inflation(roughly 7% after inflation). Most financial planners use 6â7% as a conservative long-term assumption for diversified portfolios.
How Much Should You Have Saved for Retirement by Age?
A common benchmark from Fidelity is to have saved 1x your salary by 30, 3x by 40, 6x by 50, and 8x by 60. Here's what that looks like on a $70,000 salary:
| Age | Savings Target | On $70K Salary |
|---|---|---|
| 30 | 1Ã salary | $70,000 |
| 35 | 2Ã salary | $140,000 |
| 40 | 3Ã salary | $210,000 |
| 45 | 4Ã salary | $280,000 |
| 50 | 6Ã salary | $420,000 |
| 55 | 7Ã salary | $490,000 |
| 60 | 8Ã salary | $560,000 |
| 67 | 10Ã salary | $700,000 |
Retirement Calculator for a 30 Year Old
At 30 with $25,000 saved and $500/month contributions at 7% annual return, you'll have approximately $1.4 million by age 65 â generating around$4,700/month in retirement income at a 4% withdrawal rate. Starting at 30 is one of the best financial decisions you can make.
Retirement Calculator for a 40 Year Old
At 40 with $100,000 saved and $800/month contributions at 7%, you'll reach approximately$1.1 million by age 65. To match the same outcome as a 30-year-old saving $500/month, a 40-year-old needs to save roughly $1,100/month.
Retirement Calculator for a 50 Year Old
At 50 with $200,000 saved and $1,500/month contributions at 7%, you'll have approximately$940,000 by age 65. This is where catch-up contributions matter most â maximizing your 401(k) at $31,000/year ($23,500 + $7,500 catch-up) can dramatically close any gap.
Frequently Asked Questions
How much money do I need to retire?
Save 25x your annual expenses. Spending $50,000/year in retirement means you need $1,250,000 â based on the 4% withdrawal rule, historically sustainable for 30+ years.
What is the maximum 401(k) contribution for 2026?
$23,500 for those under 50. If you're 50 or older, an additional $7,500 catch-up contribution brings the total to $31,000.
How much will $500/month grow by retirement?
Starting at age 30 at 7% annual return until 65 grows to approximately $851,000. Starting at 25 instead reaches $1.24 million â 5 extra years adds nearly $390,000.