Calculate if you are on track for retirement. See projected savings, monthly retirement income, and Social Security estimate. Free retirement planner.
A 48-year-old in Texas has only $85,000 saved for retirement and is starting to panic about whether she can ever stop working.
Result: Calculator shows contributing $1,800/month for 17 years with 7% return reaches $890,000 — retirement at 65 is achievable with focused effort.
A 26-year-old in California contributing $400/month to his 401k wants to see if that is enough or if he needs to sacrifice more now.
Result: Calculator projects $2.1M at age 65 — well above his $1.5M target. He maintains $400/month and invests the rest differently.
A couple in New York both earning well want to know if they can retire at 60 instead of 65 — and what combined savings rate makes that possible.
Result: Calculator shows retiring at 60 requires $4,200/month combined contributions — they adjust their savings rate and confirm early retirement is achievable.
Fidelity recommends: 1x salary by 30, 3x by 40, 6x by 50, 8x by 60, and 10x by 67. These are guidelines — your actual needs depend on your planned retirement lifestyle and age.
The 4% rule says you can withdraw 4% of your retirement savings annually with a low risk of running out of money. So $1 million supports $40,000/year. Our calculator uses this to estimate your monthly retirement income.
Aim to save 15% of gross income including employer match. If starting later, save more. Our calculator shows exactly how much to save monthly based on your current age, savings, and target retirement date.
If you are 50 or older, the IRS allows extra contributions to retirement accounts — an additional $7,500 to 401k (2026) and $1,000 to IRA annually. These catch-up contributions can significantly boost late-start savers.
401k reduces taxable income now — best if you expect lower taxes in retirement. Roth IRA grows tax-free — best if you expect higher taxes later. Most advisors recommend contributing to both if possible.
Yes — every FreeFixo tool, including the Free Retirement Savings Calculator, is 100% free with no paywall, no premium tier, and no usage limits. You do not need to create an account, enter a credit card, or share an email.