Free Retirement Planning Calculators & Tools
Comprehensive suite of retirement calculators to help you plan, save, and retire with confidence. Calculate your 401k match, estimate Social Security benefits, plan for early retirement, and optimize your retirement strategy.
Retirement Calculators
401(k) Match Maximizer
Never leave free money on the table
Calculate exactly how much to contribute to maximize your employer's 401k match. Includes contribution schedules and tax savings.
Retirement Planning Suite
Your complete retirement roadmap
Comprehensive retirement planner with income sources, expenses, inflation, and withdrawal strategies. Create a complete retirement plan.
FIRE Calculator
Calculate your path to financial independence
Discover when you can retire early using the 4% rule. Compare different FIRE strategies (Lean FIRE, Fat FIRE, Barista FIRE).
Which Retirement Calculator Should I Use?
| Calculator | Best For | Time | Complexity | Key Feature |
|---|---|---|---|---|
| 401k Match Maximizer | Maximizing employer match | 2 min | Easy | Contribution optimization |
| Retirement Planning Suite | Complete retirement plan | 10 min | Advanced | Multiple income sources |
| FIRE Calculator | Early retirement | 5 min | Medium | 4% rule + FIRE strategies |
Find Your Perfect Calculator
🎯 Just Getting Started with Retirement Planning?
→ Use Retirement Planning Suite
- • Best for: Comprehensive planning
- • Creates: Complete retirement roadmap
- • Includes: Income, expenses, inflation modeling
💰 Have a 401(k) with Employer Match?
→ Use 401k Match Maximizer
- • Best for: Maximizing free money
- • Calculates: Optimal contribution amount
- • Shows: Annual match value
🏖️ Want to Retire Early (FIRE)?
→ Use FIRE Calculator
- • Best for: Financial independence planning
- • Calculates: Years until FIRE
- • Compares: Lean FIRE vs Fat FIRE strategies
🤔 Not Sure Where to Start?
Start with Retirement Planning Suite for a comprehensive overview, then use specialized calculators as needed.
Frequently Asked Questions
General Retirement Planning
Q: How much do I need to retire?
A: A common rule of thumb is 25x your annual expenses (based on the 4% rule). Use our Retirement Planning Suite to calculate your personalized retirement number based on your lifestyle, income sources, and goals.
Q: What is the 4% rule?
A: The 4% rule suggests you can withdraw 4% of your retirement portfolio annually without running out of money. Our FIRE Calculator uses this rule to estimate when you can retire early.
Q: Should I max out my 401k?
A: At minimum, contribute enough to get your full employer match (use our 401k Match Maximizer). Whether to max out ($23,000 in 2024) depends on your income, tax situation, and other savings goals.
401(k) Questions
Q: How much should I contribute to get full employer match?
A: Use our 401k Match Maximizer to calculate this. Most employers match 50-100% of contributions up to 3-6% of your salary.
Q: Should I do Roth or Traditional 401k?
A: Traditional gives you a tax deduction now; Roth gives you tax-free withdrawals later. Generally, choose Roth if you expect higher taxes in retirement, Traditional if you expect lower taxes.
FIRE Questions
Q: What is FIRE?
A: Financial Independence, Retire Early. It's a movement focused on extreme saving (50-70% of income) to retire decades earlier than traditional retirement age.
Q: How much do I need for FIRE?
A: Typically 25-30x your annual expenses. Use our FIRE Calculator to find your personalized number and timeline.
Key Retirement Planning Statistics
Retirement Readiness Stats
- • Average retirement savings by age 65: $232,000
- • Recommended savings by age 65: $1.5M - $2M
- • 401k employer match average: 4.7% of salary
- • Social Security replaces: ~40% of pre-retirement income
- • FIRE savings rate needed: 50-70% of income
Retirement Account Limits (2024)
- • 401k contribution limit: $23,000 ($30,500 if 50+)
- • IRA contribution limit: $7,000 ($8,000 if 50+)
- • 401k early withdrawal penalty: 10% (before age 59½)
- • Social Security earliest age: 62 (reduced benefits)
- • Social Security full retirement age: 67 (born after 1960)
Start Planning Your Retirement Today
Choose the calculator that fits your situation: