🏖️ Retirement Calculator
Retirement gap analysis with inflation and life expectancy
Retirement Parameters
📝 Pension & Tax Settings
Total at Retirement · United States
$1,210,285
Monthly Income: $5,934.00 (incl. pension $2,400.00)
🔥 FIRE Target Progress
🎉 You are already a millionaire!
Withdrawal Rate Comparison
3.5%
$3,530.00/mo
FIRE: $1,714,286
4%
$4,034.00/mo
FIRE: $1,500,000
5%
$5,043.00/mo
FIRE: $1,200,000
👥 Peer Comparison
Median
$150,000
peer savings
Top 25%
$500,000
Top 10%
$1,200,000
🎯 You are ahead of the median peer $1,060,285
Retirement Savings Simulation
📐 How It Works
Formula
Accumulation: FV = PV × (1+r)^n + PMT × ((1+r)^n - 1) / r Withdrawal: Annual = Savings × Safe Withdrawal Rate Total Income = Withdrawal + Public Pension + Employer Match
📊 Example
Age 30, $6K/mo income, $50K saved, $1K/mo, 7% return, 3% inflation, retire at 67:
• Savings at retirement ≈ $1,179,000
• Monthly (4% rule) ≈ $3,931 + Public Pension $2,400 = $6,331/mo
• FIRE Target (25× $60K expenses) = $1,500,000
❓ FAQ
How much do I need to retire?＋
A common rule is 25× your annual expenses (the 4% rule). If you spend $50,000/year, you need ~$1.25M. Use our calculator for a personalized estimate.
What is the 4% rule?＋
The 4% rule states you can withdraw 4% of your portfolio in the first year of retirement, adjust for inflation annually, and your money should last 30+ years.
When should I start saving for retirement?＋
As early as possible. Starting at 25 vs 35 can mean 2-3× more at retirement due to compound interest.
How does inflation affect retirement planning?＋
At 3% inflation, purchasing power halves every ~24 years. Your retirement income must grow to maintain lifestyle. Our calculator includes inflation adjustment.
What is the difference between 401(k) and IRA?＋
401(k) is employer-sponsored with higher limits and potential match. IRA is individual with more investment choices. Both offer tax advantages.
How long will my retirement savings last?＋
It depends on withdrawal rate, investment returns, and lifespan. At 4% withdrawal, savings typically last 30+ years. Our calculator shows your depletion age.
Should I include Social Security in my planning?＋
Yes, but consider it as a supplement. Social Security typically replaces 40% of pre-retirement income. Our calculator allows you to include it.
What if I retire early?＋
Early retirement requires more savings since you'll draw down for longer. The FIRE movement uses savings rates of 50%+ to retire in 15-20 years.