Step 1 · Your retirement timeline
First, define the years this plan needs to cover.
Your birth year, intended retirement age, and planning age create the horizon used by the rest of the plan.
Who should this plan cover?
Add a second person only when the plan should follow two separate ages and retirement dates.
Your timeline
Use the age when your regular work income ends and your retirement analysis begins.
Do you currently earn income from work?
About age 61 now · retirement begins in 2029 · plan continues through 2060
Approximate age now61
Before retirement begins3years to retirement
Retirement begins2029Your age 64
Plan runs through2060Age 95
Next, estimate one realistic year of household expenses.