What does waiting to retire buy you?
Compare ages 62, 65, and 70 using the same savings plan. See the extra time, the projected nest egg, and a simple monthly-income estimate side by side.
Your three retirement snapshots will appear here after you enter your numbers.
Your three paths
| Retire at | Years left | Nest egg | Est. monthly income |
|---|
Explain these results
Nest egg: We grow your current savings and add your monthly contributions through each retirement age. The calculation assumes one steady return, compounded monthly. Real markets move up and down, so this is an estimate—not a promise.
Monthly income: The 4% rule is a rough planning shortcut. It starts with 4% of the nest egg in the first retirement year, divided into 12 monthly amounts. It does not guarantee that the money will last, and it does not include taxes, fees, Social Security, pensions, or inflation.
The tradeoff: Working longer gives your savings more time to grow and adds more contributions. In return, you begin retirement later. The best age is not simply the biggest number—it also depends on health, work, family, spending needs, and income you may receive from other sources.
For informational and educational purposes only—not financial, tax, legal, investment, or insurance advice. Results are estimates based on the information and assumptions shown; actual results will vary. Consider verifying retirement decisions with a qualified professional and official benefit sources.