“Can I Retire?” Calculator

This tool helps you determine whether your current savings and projected investment growth will support your desired retirement lifestyle through your life expectancy.

Purpose:

  • Estimate how long your savings will last in retirement

  • Determine if your retirement target is realistic

  • Identify savings gaps or opportunities for improvement

Inputs Required:

  1. Current Age – Your age today

  2. Retirement Age – When you plan to stop working

  3. Life Expectancy Age – The age until which you want your money to last

  4. Monthly Expenses – Estimated costs during retirement

  5. Total Savings Amount – Current savings or investment balance

  6. Annual Interest Rate – Expected annual return on savings/investments

Outputs Displayed:

  • Retirement Analysis Result: Will your savings last the full retirement period?

  • Projected Savings at Retirement: Based on compounding growth until retirement

  • Savings Projection Chart: Graph showing growth and drawdown over time

✅ Bonus Insight: Gives clarity on whether you’re on track—or need to save more or retire later.

How to Use It:

  1. Enter your age, savings, and assumptions

  2. Review whether your funds will cover retirement expenses until your expected life span

  3. Adjust your retirement age or savings plan to meet your needs

Who It’s For:

  • Anyone planning for retirement, from early planners to pre-retirees

  • Great for financial planning checkups or decision-making on early retirement

  • Ideal for coaches, and DIY investors

Personal Finance Hack:

Run the calculator annually. Small changes in savings rate or investment return can have a big impact on retirement readiness over time.

Take Action Today!

✅ Enter your real numbers into the “Can I Retire?” Calculator
✅ Review projected retirement age and savings gaps
✅ Adjust expenses or savings to close any gap and stay retirement-ready

Peace of mind in retirement starts with planning today!