Calculate how many years until you can retire based on your savings rate, investment returns, and target retirement expenses. Uses the 4% rule.
Retire at age 56
| Retirement Target | $1,250,000 |
| Years Until Retirement | 26 years |
| Retirement Age | Age 56 |
| Projected Final Balance | $1,320,515 |
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Retirement Target = Annual Expenses × (100 ÷ Withdrawal Rate)
4% rule: Target = Annual Expenses × 25
Balance grows: B = B × (1 + r) + Annual Savings
The 4% rule states you can safely withdraw 4% of your portfolio each year in retirement. To retire, you need 25× your annual expenses saved.
Using the 4% rule: if you spend $50,000/year, you need $1.25 million. Multiply your annual expenses by 25 to get your target.
A 50% savings rate leads to retirement in ~17 years. A 75% savings rate gets you there in ~7 years. Higher savings rates dramatically accelerate retirement.
Yes. If you'll receive Social Security, you need less saved. Subtract your expected SS income from annual expenses to get your adjusted retirement target.
Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.