How much do I need to retire on $60,000 a year?

A common planning method uses a withdrawal rate (like 4%). This page shows how to estimate a target nest egg.

The quick estimate (withdrawal rate method)

If you choose a withdrawal rate, a rough target nest egg is:

Target nest egg = annual income ÷ withdrawal rate

Example: $60,000 ÷ 0.04 = $1,500,000 (before tax/fees).

Use the calculator to see how your current balance and monthly investing might get you there.

Tax, fees, inflation, and spending changes matter. Treat this as a starting point for planning.

Is $60,000/year before or after tax?

The calculator treats it as a simple number. In practice, you’d plan around after-tax spending and how your accounts are taxed.

Is the 4% rule guaranteed?

No. It’s a guideline based on historical data and assumptions. Market conditions can differ.

What if I want to retire earlier?

Earlier retirement usually needs a larger nest egg (or lower spending) because the money must last longer.

Should I include pensions/super/social security?

If you have guaranteed income sources, you can subtract them from the amount your portfolio must provide.

How do I see if I’m on track?

Use /retire.html with your current investments, monthly contributions, and a realistic return assumption.