Retirement age calculator
Your savings, monthly investing and spending give the earliest age you could retire with money lasting into your 90s, with Social Security included and every age from 45 to 75 compared.
The earliest age you could retire
Retiring at 64, you would have about $796,129 in today's dollars, enough to spend $61,432 a year until age 95, with Social Security covering $24,852 a year from 67. Each year you wait adds savings and shortens the years the money has to cover.
Every retirement age
| Retire at | Nest egg (today's $) | Money lasts |
|---|---|---|
| 45 | $220,030 | runs out at 48 |
| 46 | $240,944 | runs out at 50 |
| 47 | $262,686 | runs out at 51 |
| 48 | $285,287 | runs out at 53 |
| 49 | $308,781 | runs out at 54 |
| 50 | $333,204 | runs out at 56 |
| 51 | $358,593 | runs out at 57 |
| 52 | $384,985 | runs out at 59 |
| 53 | $412,421 | runs out at 60 |
| 54 | $440,941 | runs out at 62 |
| 55 | $470,589 | runs out at 64 |
| 56 | $501,409 | runs out at 65 |
| 57 | $533,448 | runs out at 68 |
| 58 | $566,753 | runs out at 71 |
| 59 | $601,375 | runs out at 74 |
| 60 | $637,365 | runs out at 78 |
| 61 | $674,779 | runs out at 82 |
| 62 | $713,671 | runs out at 87 |
| 63 | $754,101 | runs out at 93 |
| 64 | $796,129 | lasts past 95 |
| 65 | $839,819 | lasts past 95 |
| 66 | $885,236 | lasts past 95 |
| 67 | $932,449 | lasts past 95 |
| 68 | $981,528 | lasts past 95 |
| 69 | $1,032,547 | lasts past 95 |
| 70 | $1,085,583 | lasts past 95 |
| 71 | $1,140,716 | lasts past 95 |
| 72 | $1,198,029 | lasts past 95 |
| 73 | $1,257,608 | lasts past 95 |
| 74 | $1,319,541 | lasts past 95 |
| 75 | $1,383,924 | lasts past 95 |
All figures in today's dollars, using a steady 3.9% return after inflation. Social Security is assumed to start at 67 at the amount you enter. Taxes are not included. This is a planning estimate, not advice.
How this calculator works
Enter your age, what you have invested, what you add each month and what you expect to spend in retirement. The spending default is the average for US households aged 65 and over.
For every possible retirement age from 45 to 75, the calculator grows your savings to that age, then spends it down, counting Social Security from 67, and checks whether the money lasts until the age you plan for.
The earliest age that works is your answer. The bars and table show how much difference a few more working years make.
Nest egg at age R = savings grown at the real return + monthly investments; it must cover (spending − Social Security) every year until the plan ageCommon questions
What is the average retirement age in the US?
Most Americans retire in their early 60s, and many earlier than they planned because of health or job changes. Planning for a range of ages, not one, is safer.
Why plan for money to last until 95?
A 65-year-old today has a good chance of living past 85, and for couples, one partner often reaches the 90s. Running out of money late in life is the risk most worth avoiding.
When should I claim Social Security?
You can claim from 62 with a smaller check, or wait until 70 for a larger one. The calculator assumes 67, the full retirement age for most people working today. Your own estimate is at ssa.gov.
Why does each extra year help so much?
Working one more year adds a year of savings and growth, and removes a year the savings must pay for. Both move in your favor at once.
Are the numbers in today's dollars?
Yes. The calculator uses the return after inflation, so every amount is in what money buys today.
FatDCA calculators are educational estimates, not investment, tax or legal advice. Results depend on the assumptions you enter, and past returns do not predict future returns.
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