Use this tool to map a simple retirement runway from today through age 70.

It shows two views of the same future:

  • Nominal dollars: the number you may see on an account statement in the future
  • Today’s dollars (inflation-adjusted): what that future balance is worth in today’s buying power

You’ll also get milestone checkpoints at 10 years, 20 years, 30 years, and retirement, plus an estimate of the monthly contribution needed starting now to target $1,000,000 in today’s dollars.

Note: This is an educational planning tool, not financial advice.

Retirement Timeline & Milestones Calculator

Retirement Timeline & Milestones
Nominal vs todays dollars (inflation-adjusted).

Next step: turn this timeline into an action plan

If the required monthly contribution feels high, that’s not a failure — it’s a signal. You can adjust the timeline, the goal, or the mix of priorities and still make meaningful progress.

  • Cash flow tight? Use the Budget Calculator to find room to invest without guessing.
  • Not sure what to do first? Use the Decision Tool to get a ranked “do next” plan.
  • Want consistency? Use the Monthly Check-In to stay on track with one small improvement at a time.

Frequently Asked Questions
What does “today’s dollars” mean in this calculator?
“Today’s dollars” (inflation-adjusted dollars) estimate what a future balance would be worth in today’s buying power. The calculator discounts future nominal values using the inflation assumption so you can compare apples-to-apples over time.
Why is the goal at retirement higher than $1,000,000?
The $1,000,000 target is expressed in today’s dollars. If inflation continues, the nominal amount required at retirement will be higher so it has the same purchasing power as $1,000,000 today.
How does the calculator estimate the required monthly contribution?
The calculator estimates a monthly contribution that, when combined with your current savings and the assumed investment return, targets your inflation-adjusted goal by your chosen retirement age.
What assumptions does the default scenario use?
The default scenario starts at age 35, retires at age 70, assumes a 7% annual investment return, and 5% annual inflation. All assumptions can be adjusted to explore different scenarios.
Is this calculator financial advice?
No. This calculator is for educational planning purposes only. It helps you understand tradeoffs and explore scenarios, but it does not provide personalized financial advice.