FCFreeCalc

Retirement Calculator

See if you're on track for retirement. Project your savings growth, factor in Social Security, and see how long your money will last in retirement.

Your Retirement Plan

$

Total in 401k, IRA, etc.

$

How much you contribute monthly

%

Typical: 5–8% for balanced portfolio

$

Your estimated expenses in retirement

$

Estimate: ~$1,800 average benefit

%

Average: ~85

Savings at Retirement

$2,288,099

At age 65

Will Your Money Last?

Yes — surplus

Portfolio sustains through life expectancy

Your plan looks sustainable

Based on your inputs, your savings are projected to last through your life expectancy.

Accumulation Phase

Portfolio growth from now until retirement at age 65.

Retirement savings growth during working years

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Withdrawal Phase

How your portfolio changes each year during retirement.

Portfolio balance through retirement years

Withdrawal Schedule

AgeStart BalanceWithdrawalInterestEnd Balance
65$2,288,099$30,000$159,117$2,417,216
67$2,553,881$32,923$177,619$2,698,577
69$2,851,821$36,024$198,367$3,014,163
71$3,186,191$39,315$221,657$3,368,534
73$3,561,862$42,805$247,832$3,766,889
75$3,984,380$46,508$277,279$4,215,151
77$4,460,073$50,437$310,440$4,720,076
79$4,996,154$54,604$347,820$5,289,370
81$5,600,856$59,026$389,994$5,931,824
83$6,283,568$63,717$437,620$6,657,471
85$7,055,010$68,693$491,446$7,477,763
87$7,927,417$73,973$552,330$8,405,774
89$8,914,760$79,574$621,248$9,456,434
90$9,456,434$82,501$659,063$10,032,996

How These Calculations Work

Retirement Savings at Retirement

FV = Current Savings * (1+r)^n + Monthly Contribution * 12 * ((1+r)^n - 1)/r

Projects your portfolio value at retirement by compounding your current savings and ongoing contributions at your expected return rate.

Annual Withdrawal (Inflation-Adjusted)

Withdrawal = Max(Retirement Spending * (1 + inflation)^year - Social Security, 0)

Each year in retirement, spending is adjusted for inflation. Social Security income offsets the amount you need to withdraw from your portfolio.

Frequently Asked Questions

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Important Disclaimer

This calculator is for educational and informational purposes only. It does not provide financial, investment, tax, or legal advice. Results are estimates based on the assumptions you enter and may differ from actual outcomes. Past performance does not guarantee future results. Consult a qualified financial professional before making investment decisions.