Retirement calculator
Projected savings at age 65
$894,160
In today’s dollars
- Needed until age 95
- $1,167,926
- Gap to the estimate
- $273,766
- Additional monthly saving
- $442
| Age | Savings |
|---|---|
| 35 | $100,000 |
| 36 | $115,601 |
| 37 | $131,735 |
| 38 | $148,420 |
| 39 | $165,675 |
| 40 | $183,519 |
| 41 | $201,972 |
| 42 | $221,055 |
| 43 | $240,790 |
| 44 | $261,199 |
| 45 | $282,305 |
| 46 | $304,131 |
| 47 | $326,703 |
| 48 | $350,045 |
| 49 | $374,184 |
| 50 | $399,148 |
| 51 | $424,964 |
| 52 | $451,662 |
| 53 | $479,271 |
| 54 | $507,823 |
| 55 | $537,350 |
| 56 | $567,885 |
| 57 | $599,463 |
| 58 | $632,119 |
| 59 | $665,890 |
| 60 | $700,815 |
| 61 | $736,932 |
| 62 | $774,282 |
| 63 | $812,907 |
| 64 | $852,852 |
| 65 | $894,160 |
| 66 | $858,866 |
| 67 | $823,055 |
| 68 | $786,720 |
| 69 | $749,854 |
| 70 | $712,447 |
| 71 | $674,494 |
| 72 | $635,985 |
| 73 | $596,912 |
| 74 | $557,268 |
| 75 | $517,043 |
| 76 | $476,230 |
| 77 | $434,820 |
| 78 | $392,803 |
| 79 | $350,172 |
| 80 | $306,917 |
| 81 | $263,029 |
| 82 | $218,498 |
| 83 | $173,316 |
| 84 | $127,473 |
| 85 | $80,959 |
| 86 | $33,764 |
| 87 | $0 |
| 88 | $0 |
| 89 | $0 |
| 90 | $0 |
| 91 | $0 |
| 92 | $0 |
| 93 | $0 |
| 94 | $0 |
| 95 | $0 |
Savings fund 21 years, 8 months of full monthly withdrawals after retirement under these assumptions. The chart floors depleted savings at zero; later spending is unfunded.
How this is calculatedHow this calculator works
Fidelity’s retirement planning toolsTarget = monthly portfolio spending × present value of beginning-of-month withdrawals
Dollar inputs and results use today’s purchasing power. The effective real monthly return is ((1 + annual return) / (1 + inflation))^(1/12) − 1. Returns are constant and should be entered after fees.
Contributions arrive at month-end until the retirement birthday. They keep the same purchasing power, so their nominal amount increases with inflation. Include any employer match in your monthly contribution.
The target is the present value of monthly spending minus other income, floored at zero. Withdrawals start on the retirement birthday, at the beginning of each month, and stop on your ending birthday; the last withdrawal is one month before it. The target leaves no legacy balance.
Additional monthly saving is rounded up to the next dollar, so rounding does not leave you short of the estimated target.
Other retirement income starts at the same retirement age and rises with inflation. This simple estimate does not calculate Social Security benefits, income tax, account limits, or market volatility.