TaxPlanCalcTax year 2026

Early Retirement Calculator

2026 rules

Check whether you can retire early, and how you'll pay for the years before 59½.

Your numbers

Result

Savings at 55$1,889,201

  1. Needed: 4% rule after Social Security, plus the years before it starts$1,360,000
  2. On trackYes
  3. Years before 59½ to bridge4.5
  4. Spending in those years$315,000
  5. Taxable money at retirement (est.)$613,349

Ways to reach retirement accounts before 59½ without the 10% tax: the rule of 55, 72(t) payments, and a Roth conversion ladder (each conversion is available after five years).

How it works

The calculator grows all your savings to your target age and compares them with what you need: enough to cover spending minus Social Security at 4%, plus Social Security's share for each year before it starts at 67.

Retiring before 59½ needs money you can reach without the 10% penalty: taxable savings, Roth contributions, the rule of 55, 72(t) payments or a Roth conversion ladder.

Questions

What is a Roth conversion ladder?

Convert part of a traditional IRA to Roth each year. Five years after each conversion, that amount can be withdrawn without tax or penalty.

How do I handle health insurance?

ACA Marketplace plans until Medicare at 65. Premium credits depend on the income you report, which conversions and withdrawals change.

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