The typical age of retirement is 65, but aggressive saving and planning can help you retire earlier. You’ll need to be at least 62 to receive a partial Social Security Retirement benefit and, depending on when you were born, may need to reach 67 before you can receive the full benefit.
Calculate your retirement needs
Our retirement calculator can help you test a variety of scenarios such as when you want to retire, the amount you save each year and what your living expenses may be in retirement. Enter the required fields and see where you stand today and well as how far you have to go to meet your goals.
You can feel confident that we do not store the information you include in the retirement calculator, and it is all kept private.
About your retirement calculator results
If these results are not what you were hoping for, don’t panic. Many people find themselves in the category of “you’re not okay.” This calculator estimates where you are and where you can end up. Your probability of success will move up or down as you enter different values and test a variety of scenarios. The play zone helps you see how one change can affect the rest of your retirement planning.
Get ready for retirement here
Now that you have your results, it’s time to begin planning your retirement strategy. Whether you’re ready to start on your own or are looking for help from an expert, we have options for you. Here you’ll find two main starting points: create a plan with a financial professional and open an online account with U.S. Bancorp Investments.
Create a plan with a financial professional
Work one-on-one with one of our highly skilled financial professionals to learn more and design a custom financial plan that addresses your retirement goals.
Open an online account with U.S. Bancorp Investments
Whether you’re new to investing or an experienced investor, U.S. Bancorp Investments has several online investing options to help you work toward your retirement goals.