Retirement Readiness Score Calculator

Get a retirement readiness score based on savings, income, age, and goals. See if you are on track.

By Konstantin Iakovlev · Updated April 2026 · Source: IRS

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Readiness Score

100/100

On Track?

Yes

Projected Savings

$2.3M

Retirement Income Projection

Projected Savings at Retirement$2.3M
Monthly Income from Savings (4% rule)$7,666.46
Social Security (estimated)$2,000.00
Total Monthly Income$9,666.46
Desired Monthly Income$6,000.00
Monthly Surplus$3,666.46

Fidelity Savings Guideline

Target for Age 35 (2.0x salary)$160.0K
Your Current Savings$100,000.00
StatusBehind guideline

Fidelity Milestones (multiples of salary)

Age 301x salary
Age 352x salary
Age 403x salary
Age 454x salary
Age 506x salary
Age 557x salary
Age 608x salary
Age 6710x salary

Use the Retirement Readiness Score Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

How close are you to the retirement you have in mind? This tool weighs your savings, income, age, and goals into a single readiness score that exposes shortfalls early enough to act on them. The stakes rise with the numbers: the cost of living is projected to climb 3.5% in 2026, while Social Security benefits are set for a 2.8% COLA, so preparation matters more than ever.

Behind the score sits a weighted algorithm that looks at your current savings as a share of your projected retirement needs, the savings capacity your annual income can sustain, and a time-value-of-money factor tied to the years left until you retire. A Monte Carlo simulation then estimates the probability you reach your goals, assuming a diversified portfolio returns 6% annually against an inflation rate of 3.2% for 2026 and beyond, which yields a sturdier read on your trajectory than a single fixed projection.

Treat the output as an estimate, since market swings and life's surprises will move your real position. Healthcare is the cost people most often understate; for those over 65 it is projected to average $6,700 per person annually in 2026. Revisit your plan on a regular cadence, and weigh personalized guidance from a financial advisor.

Example: Sarah's Retirement Check-up

  1. 1 Sarah is 45, earns $80,000 annually, has $250,000 in retirement savings, and aims to retire at 65 with an annual income of $60,000 in today's dollars.
  2. 2 The calculator projects Sarah's required savings at retirement to be approximately $1,500,000 (accounting for inflation to 2046). Her current savings and projected contributions, assuming a 10% annual savings rate, indicate a 70% probability of reaching her goal.
  3. 3 Sarah's Retirement Readiness Score: 78/100 (Good).
  4. 4 Sarah is on a good path, but increasing her savings rate to 12% or considering a slightly later retirement age could significantly improve her probability of success. Reviewing her investment portfolio for optimal growth potential is also recommended.

Source: IRS · Last updated: April 2026

Frequently Asked Questions

How do I know if I am on track for retirement?
Compare your projected retirement income (Social Security + pension + portfolio withdrawals at 4%) to your target spending (typically 70-80% of pre-retirement income). If projected income covers 90-100%+ of target spending, you are in good shape.
What is a retirement readiness score?
A retirement readiness score typically measures your projected retirement income as a percentage of your target income. A score of 80%+ means you are likely on track. 60-80% means you need to take action (save more, work longer, reduce target). Below 60% requires significant adjustments.
How can I improve my retirement readiness?
The most impactful actions: increase your savings rate by 2-3%, delay retirement by even 1-2 years, delay Social Security to 70, reduce planned retirement spending, catch up on 401(k)/IRA contributions, and eliminate high-interest debt before retirement.

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