Retirement Include Social Security Calculator
Retirement Calculator Including Social Security works out Savings rate and Balance at retirement from Your age now, Age you plan to retire and Retirement savings so far. The default figures on this page give balance at retirement of 868,008.00; change any entry and the result, the working and the sources update together.
Your figures
Updates as you typeHow this is worked out
6 steps
- Savings rate = 100 * 6000 / 60000 = 10%.
- Years to retirement = 67 - 35 = 32.
- Balance = 50000 * (1 + 0.06)^32 plus 6000 a year compounded to 868008.
- In today's money that is 868008 / (1 + 0.025)^32 = 393876.47.
- Drawing 4% in the first year gives 34720.32; spreading the balance evenly over 30 years at 4% gives -50196.99 a year.
- Income target at retirement = 60000 * 80% inflated for 32 years = 105780.33.
Year-by-year balancetable
| year | age | contributions | growth | balance |
|---|---|---|---|---|
| 1 | 36 | 6,000 | 3,000 | 59,000 |
| 2 | 37 | 6,000 | 3,540 | 68,540 |
| 3 | 38 | 6,000 | 4,112.4 | 78,652.4 |
| 4 | 39 | 6,000 | 4,719.14 | 89,371.54 |
| 5 | 40 | 6,000 | 5,362.29 | 100,733.84 |
| 6 | 41 | 6,000 | 6,044.03 | 112,777.87 |
| 7 | 42 | 6,000 | 6,766.67 | 125,544.54 |
| 8 | 43 | 6,000 | 7,532.67 | 139,077.21 |
| 9 | 44 | 6,000 | 8,344.63 | 153,421.84 |
| 10 | 45 | 6,000 | 9,205.31 | 168,627.15 |
| 11 | 46 | 6,000 | 10,117.63 | 184,744.78 |
| 12 | 47 | 6,000 | 11,084.69 | 201,829.47 |
| 13 | 48 | 6,000 | 12,109.77 | 219,939.24 |
| 14 | 49 | 6,000 | 13,196.35 | 239,135.59 |
| 15 | 50 | 6,000 | 14,348.14 | 259,483.73 |
| 16 | 51 | 6,000 | 15,569.02 | 281,052.75 |
| 17 | 52 | 6,000 | 16,863.17 | 303,915.92 |
| 18 | 53 | 6,000 | 18,234.96 | 328,150.87 |
| 19 | 54 | 6,000 | 19,689.05 | 353,839.93 |
| 20 | 55 | 6,000 | 21,230.4 | 381,070.32 |
| 21 | 56 | 6,000 | 22,864.22 | 409,934.54 |
| 22 | 57 | 6,000 | 24,596.07 | 440,530.61 |
| 23 | 58 | 6,000 | 26,431.84 | 472,962.45 |
| 24 | 59 | 6,000 | 28,377.75 | 507,340.2 |
| 25 | 60 | 6,000 | 30,440.41 | 543,780.61 |
| 26 | 61 | 6,000 | 32,626.84 | 582,407.44 |
| 27 | 62 | 6,000 | 34,944.45 | 623,351.89 |
| 28 | 63 | 6,000 | 37,401.11 | 666,753 |
| 29 | 64 | 6,000 | 40,005.18 | 712,758.18 |
| 30 | 65 | 6,000 | 42,765.49 | 761,523.68 |
| 31 | 66 | 6,000 | 45,691.42 | 813,215.1 |
| 32 | 67 | 6,000 | 48,792.91 | 868,008 |
Figures from IRS retirement plan limits, 2026 rules, checked 31 August 2026. Its 4 worked examples are re-run on every release, last on 15 September 2026. What changed · how reference data is kept current
Sources and references
4 sources
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Save it, change one figure, then compare the two
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What the Retirement Calculator Including Social Security calculates
Projects a retirement balance from what is already saved plus annual contributions, reports the savings rate those contributions represent, and turns the projected balance into the annual income it can support against the income the household needs to replace.
How to use this Retirement Calculator Including Social Security
Enter Your age now, Age you plan to retire, Retirement savings so far and Gross income. Savings rate updates as you type. Change one figure at a time to see what drives the result.
How the result is worked out
Open “How this is worked out” beside the result for the step-by-step calculation behind Savings rate, Balance at retirement and Balance in today's money.
The method follows Retirement savings rate, rate = 100 * contributions / gross income, William P. Bengen, "Determining Withdrawal Rates Using Historical Data", Journal of Financial Planning, October 1994, IRS COLA increases for dollar limitations on benefits and contributions (IRC 415(d)), 2024-2026 and Future value of a growing annuity plus a lump sum, and the level annuity payment PMT = PV i / (1 - (1+i)^-n).
What you can compare
Change one input at a time to see how it affects Savings rate, Balance at retirement and Balance in today's money. The inputs you can vary are Your age now, Age you plan to retire, Retirement savings so far, Gross income, Retirement contributions and Employer match.
Understanding Savings rate, Balance at retirement and Balance in today's money
This is a projection from assumptions you supplied, not financial or tax advice. Contribution limits, tax treatment and Social Security depend on facts this tool does not see; check them with a qualified adviser and against current IRS guidance.
Results are general information, not financial, tax, legal, medical or engineering advice. Check any decision that matters with a qualified professional.
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Frequently asked questions
Do retirement calculators include Social Security?
Projects a retirement balance from what is already saved plus annual contributions, reports the savings rate those contributions represent. On the figures this page opens with — gross income 1,000 and retirement contributions 100 — the balance at retirement is 868,008. Put your own figures in their place and the working updates beside the result.
How much do you have to make to get $3,000 a month in Social Security?
On the figures this page opens with — gross income 1,000 and retirement contributions 100 — the balance at retirement is 868,008. No single number fits everyone: change any figure above and the answer updates as you type, with each step of the arithmetic beside it.
How much Social Security will I get if I make $120000 a year for 35 years?
It needs Your age now, Age you plan to retire, Retirement savings so far, Gross income, Retirement contributions and Employer match. Nothing else is required, and the figures stay in your browser.
How much Social Security will I get if I make $120000 a year?
The result gives Savings rate, Balance at retirement, Balance in today's money, Total contributed, Employer match over the term and Investment growth, each labelled with its unit so the figure can be read on its own.
What information do I need for the Retirement Calculator Including Social Security?
You need Your age now, Age you plan to retire, Retirement savings so far, Gross income, Retirement contributions, Employer match, Annual increase in contributions and Return before retirement. The page opens with default figures that give balance at retirement of 868,008.00, so you can see the scale before entering your own.
What does this Retirement Calculator Including Social Security show?
It shows Savings rate, Balance at retirement, Balance in today's money, Total contributed, Employer match over the term, Investment growth, Years to retirement and First-year income at the withdrawal rate, with the working and any warnings for your entries.