Retirement Planner Pro

Retirement Planner Pro projects retirement savings across Traditional 401(k)/IRA, Roth, and taxable accounts year by year from your Current Age to Target Retirement Age, applying Pre-Retirement Return as annual growth on top of your ongoing contributions. Contributions combine your own 401(k) Contribution Rate (a percentage of Your Annual Income), monthly Roth and taxable savings, and Employer Match — computed as Employer Match % applied to whichever is smaller, your actual contribution rate or the Match Up To ceiling, since employers only match contributions up to a stated cap. Max 401(k) Contribution and Max IRA Contribution reflect the real 2026 IRS annual contribution limits published in IRS Notice 2025-67 ($24,500 for a 401(k), $7,500 for an IRA, both of which increase at ages 50 and 60–63 for catch-up contributions), and Over 401(k)/IRA Limit? flags when your entered contributions would exceed them. Total Annual Retirement Income combines Portfolio Withdrawals (Projected Retirement Balance times Safe Withdrawal Rate — the traditional rule of thumb defaults to 4%) with an estimated Social Security benefit and any Pension Income; Income Gap compares that total against Desired Annual Retirement Income to flag whether you're "on track." FIRE Number is the portfolio size needed to sustain Desired Annual Retirement Income on portfolio withdrawals alone at your Safe Withdrawal Rate, and FIRE Progress tracks how far your current trajectory is toward that number.

Cost of 5 Years Early quantifies the balance you'd give up by retiring five years ahead of your Target Retirement Age instead. The Social Security estimate uses a simplified version of the SSA's bend-point formula with 2026-estimated bend points and standard early/delayed claiming adjustments — treat it as a directional planning figure rather than a stand-in for your actual SSA benefit statement. Two inputs, Post-Retirement Return and Inflation Rate, are captured for future reference but do not currently feed into any calculation: Portfolio Withdrawals uses a flat Safe Withdrawal Rate rather than modeling post-retirement investment growth, and Desired Annual Retirement Income is treated as already being in the dollars you want at retirement rather than being inflated forward from today. Spouse Age is likewise captured but not used in any calculation — the household's Social Security and account projections rely on Current Age and each spouse's income and account balances, not the spouse's separate age.