Retirement Breakeven Calculator

Retirement Calculator

Enter your details then calculate. Results show your projected nest egg at retirement, sustainable withdrawals through life expectancy, and any savings gap versus your target income in retirement.

Inputs

Percent of current income
Per month. Social Security or pension
Percent per year nominal
Percent per year nominal
Percent per year
Assumes contributions at month end, compound monthly before retirement, and inflation adjusted withdrawals after retirement.

Results

Nest egg at retirement

$0
in today’s dollars $0

Sustainable annual withdrawal

$0
per month $0

Target income need

$0
after other income per month $0

Status

Not calculated

If short, required monthly saving

Calculated to fund your target income through life expectancy using real return after retirement.

Projected portfolio balance

Balance Retirement marker
Line shows nominal dollars. Vertical marker indicates retirement age.

Disclaimer: This calculator is provided for informational and educational purposes only. It is a simplified simulation tool and should not be relied upon as financial, investment, tax, or legal advice. The results are estimates based on the information you enter and the assumptions built into the calculator. Actual outcomes will vary and may be affected by market performance, changes in inflation, taxes, fees, or other factors not considered here. We make no guarantees regarding the accuracy or completeness of these projections and are not responsible for any errors or decisions made based on this tool. For personalized advice about your specific situation, please consult a qualified financial advisor.

Sponsored by the Retiring on a Budget Facebook Group

About the inputs
Your current ageStarting point for the timeline. Determines how many years you have to save and invest before retirement.
Planned retirement ageThe age when saving stops and withdrawals begin. Separates the growth phase from the drawdown phase.
Life expectancyHow long your savings must last. A larger number stretches the drawdown period.
Current pre tax income per yearYour annual income today. Used to estimate the income level you want in retirement.
Income needed after retirementThe percent of current income you plan to live on in retirement. For example, 75 percent of 100,000 is 75,000 per year.
Other income after retirementMonthly income such as Social Security or a pension. This reduces what you need to withdraw from your portfolio.
Current retirement savingsYour total savings today. Compounds with investment returns until retirement.
Monthly contributionThe amount you add each month before retirement. Higher contributions increase the projected nest egg.
Average return before retirementExpected annual return while you are contributing. Drives compounding growth during the accumulation phase.
Average return after retirementExpected annual return once retired when the portfolio is usually more conservative.
Inflation rateUsed to adjust future income needs and to show values in today’s dollars. Reflects the loss of purchasing power over time.
About the retirement marker

What it is A vertical green line placed at your planned retirement age on the chart.

What it shows It divides the projection into two phases. To the left you see savings grow with contributions and returns. To the right you see withdrawals during retirement and how the balance changes over time.

Why it helps It highlights the size of your portfolio at retirement and the pace of drawdown through your chosen life expectancy.

Label A small label appears near the line, for example Retire 67, so the age is clear.