Early Retirement Age Calculator
Estimate the age you can retire based on target savings, return, and annual contributions.
Retirement age
48
Years until retirement
18
Projected savings
$1,527,959.37
Scenario Compare
Save up to 4 early retirement age scenarios.
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Insights
Generate a concise interpretation of your inputs and outputs. This is educational and hypothetical.
What It Is
The Early Retirement Age calculator estimates the age when your savings can reach a target retirement portfolio.
It combines current savings, yearly contributions, and expected annual return to forecast a potential retirement timeline.
How It Works
Savings are projected year by year using compounding and annual additions.
When projected savings cross your target, the tool returns retirement age and years remaining.
Formula
Yearly update: next savings = current savings x (1 + annual return) + annual contribution.
Retirement age = current age + years until projected savings reaches target.
Example
If you are 30 with $100k saved and invest annually, the result shows when your portfolio may reach your chosen financial independence target.
Try conservative return assumptions to avoid overestimating early retirement feasibility.
Frequently Asked Questions
Is this guaranteed?
No. It is a deterministic projection, not a guarantee.
Does it include inflation?
Not directly; adjust target and return assumptions to reflect real terms.
Can I retire before reaching target?
Potentially, but target is a planning benchmark for sustainability.