Fill in your details on the left and click Calculate to see your retirement date and savings readiness.
Enter your date of birth and the age you want to retire. The calculator finds the exact calendar date you will reach that age and counts the years, months, and days remaining from today.
If you add savings details, the tool also projects your total retirement nest egg using compound interest, compares it to the 25× expenses target (based on the 4% rule), and shows a readiness score.
Example: Born Jan 1, 1985, targeting age 67 → Retirement on Jan 1, 2052. Roughly 26 years away. With $80,000 saved and $600/month at 7% return, projected savings ≈ $730,000.
| Year of Birth | Full Retirement Age | Early Claim (62) | Reduction |
|---|---|---|---|
| 1943 – 1954 | 66 | Yes | Up to 25% |
| 1955 | 66 yrs 2 mo | Yes | Up to 25.8% |
| 1956 | 66 yrs 4 mo | Yes | Up to 26.7% |
| 1957 | 66 yrs 6 mo | Yes | Up to 27.5% |
| 1958 | 66 yrs 8 mo | Yes | Up to 28.3% |
| 1959 | 66 yrs 10 mo | Yes | Up to 29.2% |
| 1960 or later | 67 | Yes | Up to 30% |
These are the most widely used rules to guide retirement planning:
Retiring early means more years of leisure — but also more years of expenses and a smaller Social Security benefit if you claim early.
Retiring at 62 vs 67: Claiming Social Security at 62 reduces your monthly benefit by up to 30%. Waiting until 70 gives you 24% more per month than the full benefit. Over a long retirement, delaying can mean significantly more total income.
The FIRE movement (Financial Independence, Retire Early) targets retirement in the 40s or even 30s. This requires a very high savings rate — often 50–70% of income — and careful planning around healthcare, sequence-of-returns risk, and a longer withdrawal period.
Late retirement (70+) maximizes Social Security, reduces the years your savings must cover, and often keeps people socially active. Studies suggest continued work in some form can improve health outcomes.
How much you should have saved at each age based on your annual salary. Assumes retiring at 67.
| Age | Target (× salary) | $40k/yr salary | $60k/yr salary | $80k/yr salary | $100k/yr salary | $150k/yr salary |
|---|
Benchmarks from Fidelity Investments. These are guidelines — your actual target depends on lifestyle, expenses, and other income sources like Social Security or a pension.
How many years remain until retirement at different target retirement ages.
| Current Age | Retire at 55 | Retire at 60 | Retire at 62 | Retire at 65 | Retire at 67 | Retire at 70 |
|---|
Negative values mean you have already passed that retirement age. Highlighted cells show the most common retirement age targets.
How your retirement account grows with a $500/month contribution at different starting amounts and time horizons.
| Starting Balance | In 10 Years | In 15 Years | In 20 Years | In 25 Years | In 30 Years | In 35 Years |
|---|
Formula: FV = P(1+r)^n + PMT × [((1+r)^n − 1) / r], where r = monthly rate (7%/12), PMT = $500/month. Values in $.
How much you can withdraw each year based on your total retirement savings using the 4% withdrawal rule.
| Portfolio Value | Annual (4%) | Monthly | Weekly | Savings Target (25×) | Meets $40k/yr? | Meets $60k/yr? |
|---|
The 4% rule is a guideline from the Trinity Study. It suggests your portfolio should last 30+ years. Adjust for longer retirements, higher spending, or poor market conditions.
Official state pension and retirement ages in major countries as of 2025.
| Country | Standard Retirement Age | Early Retirement | Planned Future Age | Pension System Type | Notes |
|---|---|---|---|---|---|
| 🇺🇸 USA | 67 (born 1960+) | 62 (reduced) | No change planned | Social Security (public) + 401k/IRA | Delayed to 70 for max benefit |
| 🇬🇧 UK | 66 (rising to 67) | 55 (private pensions) | 68 by 2044–2046 | State Pension + workplace | Phased increase |
| 🇦🇺 Australia | 67 (Age Pension) | 60 (Superannuation) | Stable | Compulsory Super (11.5%) | Super access from 60 |
| 🇨🇦 Canada | 65 (OAS / CPP) | 60 (reduced CPP) | Stable | OAS + CPP + private RRSP | OAS delayed to 70 = +36% |
| 🇩🇪 Germany | 67 | 63 (long contributors) | Stable | Statutory pension insurance | Early with 45 contribution years |
| 🇫🇷 France | 64 (from 2030) | 62 | 64 by 2030 | State + complementary schemes | Reform raised from 62 to 64 |
| 🇯🇵 Japan | 65 | 60 (reduced) | Discussing 70 | National Pension + Employees' Pension | Optional work until 70+ |
| 🇮🇳 India | 60 (government) / 58 (private) | Varies | No formal change | EPF + NPS + gratuity | Varies by sector |
| 🇧🇷 Brazil | 65 (men) / 62 (women) | No minimum age | Stable post-2019 reform | INSS (public) + private | Minimum contribution period |
| 🇸🇬 Singapore | 63 (reemployment to 68) | 55 (CPF partial) | 65 by 2030 | CPF (mandatory savings) | CPF Life from 65 |
| 🇳🇱 Netherlands | 67 | No formal early option | Linked to life expectancy | AOW state + occupational | Age rises with life expectancy |
| 🇿🇦 South Africa | 60 | 55 | Stable | Government pension + private | Low formal pension coverage |
Rules change frequently — always check current official government sources for your country. This table is for general reference only.
How your savings rate (% of income saved) affects how quickly you can reach financial independence and retire early (assumes 7% return, 4% withdrawal rule, starting from zero).
| Savings Rate | Years to FIRE | % of Income Spent | At $50k Income | At $80k Income | At $120k Income | FIRE Number (×25 expenses) |
|---|
FIRE = Financial Independence, Retire Early. Years to FIRE based on Mr. Money Mustache calculations using 7% real return and 4% safe withdrawal rate. Starting from zero savings.