Will I Have Enough to Retire?

Retirement readiness depends on your spending, income, savings, and how long your money needs to last. Our calculators help you explore different assumptions and identify possible funding gaps.

• Savings and investments: Include cash, IRAs, 401(k)s, and other investments. Keep home equity separate unless you plan to use it.
• Living expenses: Estimate housing, food, utilities, transportation, travel, and hobbies. Include taxes and occasional major purchases.
• Income: Consider Social Security, pensions, and employment income—and when each begins.
• Inflation: Allow for expenses to increase over time. Pension increases may differ from inflation.
• Healthcare: Include insurance premiums, out-of-pocket expenses, and potential long-term care costs.
• Debt: Include mortgage payments and other obligations in your budget.
• Retirement timing: Consider how retiring earlier or planning for a longer retirement changes your needs.
• Unexpected costs: Allow room for repairs, emergencies, and changing circumstances.

Use our Retirement Calculator to compare income, expenses, and available savings. Try higher spending, lower investment returns, and a longer retirement to see how your results change.

A projection without a funding gap is not a guarantee. The calculator uses simplified assumptions and does not automatically calculate taxes, market volatility, or survivor benefits. Include expected taxes in your spending estimate and consider professional advice before making major decisions.