Retirement Calculators

Thinking about retiring?

Do you a) have enough money now? b) will there be enough Social Security money coming in to help you out?

Here are two calculators to help you figure it all out.

Can I afford to retire?

6 questions · About 3 minutes · Your numbers stay private

About you

Your current age 62

Age you want to retire 67

Plan to live to age 90

Use 90 if unsure — it is better to plan long than run short

Your money

Monthly income in retirement $2,500

Include Social Security, pension, part-time work, rental income — everything coming in each month

Current savings & investments $250,000

401(k), IRA, brokerage accounts, savings — your total nest egg today

Monthly expenses in retirement $3,500

Housing, food, healthcare, transport, leisure — what you expect to spend each month

What if I made a change?

See how small adjustments affect your outcome

Delay retirement by 0 years

Reduce monthly expenses by $0

Add monthly savings until retirement $0

Monthly gap
(income vs. expenses)

Years savings
need to last

Annual drawdown
needed from savings

Estimated age
savings run out

Savings coverage

Your next steps

This calculator provides a general estimate for educational purposes only and is not financial advice. Results are based on simplified assumptions and do not account for inflation, investment returns, taxes, or changes in Social Security benefits. Please consult a qualified financial advisor before making retirement decisions. © Smart Senior Daily

Social Security Break-Even Calculator

Find out when waiting to claim pays off — and when it doesn't.

Your birth year 1958

Life expectancy 85

Annual COLA estimate 2.5%

Est. monthly benefit at 62 $1,400

Slide to explore, or type your actual SSA estimate · Get your estimate at SSA.gov

Claim at 62

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Claim at FRA

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Claim at 70

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Claim at 62 Claim at FRA Claim at 70

For illustration only. Results assume a fixed rate and do not account for taxes, earnings history, spousal benefits, or other individual factors. Consult SSA.gov or a qualified financial advisor before making claiming decisions. © Smart Senior Daily