Start with your plan
Use your current age, target retirement age, cash savings, retirement investments, monthly contributions, expected income, and annual expenses.
Educational retirement planning tool
Retirement calculatorForecast how today’s choices may shape your future
Bring your balances, savings, expected retirement income, and planned expenses together in one personalized projection.
The calculator models the path from saving to retirement, including contributions before retirement and income, expenses, bucket-aware withdrawals, and rule-based transfers after retirement.
Adjust the assumptions
Explore modeled growth, fixed-income and cash returns, expense inflation, and different retirement dates without changing your saved financial scenario.
Review the projection
See projected balances, annual cash flows, years of expenses saved, portfolio milestones, and monthly next-step recommendations.
Example retirement forecast
A person could enter age 40, a retirement target of 65, current savings and investments, monthly contributions, expected Social Security or pension income, and estimated retirement expenses. The result illustrates how those inputs interact across the saving and withdrawal years.
Important: Results are educational estimates, not financial advice or guarantees. The projection uses constant modeled returns and deterministic cash flows; it does not predict market volatility, taxes, fees, or future investment performance.
How the retirement projection works
The personalized calculator advances the plan one month at a time. Before retirement it adds scheduled cash and retirement contributions, applies the selected constant return assumptions, and tracks balances by cash, fixed income, and growth. During retirement it applies scheduled income and expenses, uses available cash first, and models rule-based transfers among the three buckets.
Results can be viewed in future dollars or today’s purchasing power. The today’s-dollar view discounts projected values using the expense-inflation assumption so amounts from different years are easier to compare.
What the result does not predict
The model does not simulate changing market returns, sequence timing, taxes, investment fees, healthcare shocks, or changes in law. Read Fidelity’s educational overview of sequence-of-returns risk and confirm current contribution rules using the IRS retirement-plan limits.
Retirement calculator questions
Is this a safe-withdrawal-rate calculator?
No. It models the income, expenses, balances, and return assumptions entered in a saved financial scenario. It does not claim that one withdrawal percentage is safe in every market.
Why does the full calculator require an account?
The forecast uses a household’s balances, expenses, cash flows, retirement phase, and bucket settings. The public page explains the method; authentication keeps those personalized inputs and saved results private.