How much do I need to retire comfortably?

The general rule is 10–12× your final salary, or 25× your annual retirement expenses (the 4% rule). On $80,000/year in retirement, you need $2 million. Social Security typically covers 30–40% of pre-retirement income, so your portfolio needs to cover the rest.

What is the 2026 401(k) contribution limit?

The 2026 401(k) contribution limit is $23,500 per year ($31,000 for those 50 and over). IRA contribution limit is $7,000 ($8,000 if 50+). Maxing both gives you $30,500/year in tax-advantaged retirement savings.

Should I prioritize 401(k) or IRA?

First, contribute to 401(k) up to the employer match — that is a 50–100% instant return. Then max an IRA (Roth if eligible). Then go back and max the 401(k). This order captures the free money first while getting better investment options from an IRA.

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Investing & RetirementRetirement

Retirement Calculator — How Much Do You Need to Retire?

Calculate exactly how much you need to retire comfortably, your savings trajectory, and whether you are on track.

Retirement Number Details

Annual Spending in Retirement$60,000

Current Retirement Savings$85,000

Monthly Contribution$1,500

Expected Annual Return7%

Expected Social Security (monthly)$1,800

Safe Withdrawal Rate4%

Results

Live

Your FIRE Number

$960,000

Annual Social Security$21,600

Income Needed from Portfolio$38,400

Gap to FIRE Number$875,000

Estimated Years to FIRE875000 yr

Annual Social Security$21,600

Income Needed from Portfolio$38,400

Your FIRE Number$960,000

How to use

Change one assumption at a time to see what moves the answer most.

Frequently Asked Questions

Everything you need to know.

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Why This Matters

Most Americans are saving for retirement without knowing their target. You cannot know if you're on track without a destination. This calculator gives you that number — specific to your income, spending, and timeline.

How to Use It

1Enter your current age and target retirement age
2Enter current retirement savings balance
3Set your annual contribution and expected return
4See your projected balance and whether it covers your retirement needs

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