Retirement Calculator
Savings Projection · 2026 IRS Limits
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2026 IRS Contribution Limits
401(k) under 50
$24,500
401(k) age 50+
$32,500
IRA under 50
$7,500
IRA age 50+
$8,600
401(k) age 60-63
$35,750
SEP-IRA
$72,000
Enter your details above to see your retirement projection.
Projected Savings at Retirement
$0
at age 65
Your Retirement PlanAmount
Annual Savings Needed$0
Your Annual 401(k)$0
Employer Match$0
Total Annual Savings$0
Retirement NeedsAmount
Target Nest Egg$0
Annual Income Needed$0
SS Covers (annual)$0
Gap to Fill from Savings$0
On track
0%
Calculating...
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2026 Retirement Contribution Limits
The IRS increased 401(k) and IRA limits for 2026. These are your most powerful tax-advantaged savings tools. The SECURE 2.0 Act introduced an enhanced catch-up for ages 60-63.
| Account Type | Under 50 | Age 50+ | Age 60-63 |
|---|---|---|---|
| 401(k) / 403(b) / 457 | $24,500 | $32,500 | $35,750 |
| Traditional / Roth IRA | $7,500 | $8,600 | $8,600 |
| SIMPLE IRA | $17,000 | $21,000 | $22,250 |
| SEP-IRA | $72,000 (or 25% of compensation) | ||
The 25x rule: A common guideline is to save 25 times your expected annual retirement spending. At a 4% annual withdrawal rate, this nest egg should last 30+ years. Example: $60,000/year in retirement requires a $1.5M nest egg.
Roth IRA income limits 2026: Single / HOH phase-out $153,000–$168,000 · MFJ phase-out $242,000–$252,000. Above these limits, consider a Backdoor Roth IRA.
This calculator uses simplified projections. Actual results depend on investment performance, inflation, tax changes, and Social Security rules. Consult a fee-only financial advisor for personalized retirement planning.
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Retirement Questions
How much can I contribute to my 401(k) in 2026?+
The 2026 employee contribution limit for 401(k), 403(b), and most 457 plans is $24,500 (up from $23,500 in 2025). If you are age 50 or older, you can add an $8,000 catch-up contribution for a total of $32,500. A new SECURE 2.0 provision allows employees ages 60-63 to contribute an enhanced catch-up of $11,250 instead of $8,000, for a total of $35,750 in 2026.
What is the IRA contribution limit for 2026?+
The 2026 IRA contribution limit (traditional + Roth combined) is $7,500 (up from $7,000 in 2025). If you are age 50 or older, you can add a catch-up of $1,100 (indexed for inflation in 2026, up from $1,000) for a total of $8,600. The limit applies to your combined contributions across all IRAs — you cannot contribute $7,500 to a traditional AND $7,500 to a Roth; the total across both must not exceed $7,500.
How much do I need to retire?+
The most widely used guideline is the 25x rule: save 25 times your expected annual spending in retirement. This is based on the 4% safe withdrawal rate — research suggesting that withdrawing 4% of your portfolio annually has historically lasted 30+ years. Example: If you expect to spend $60,000/year in retirement, you need $1.5 million. Adjust for Social Security income (which reduces how much your portfolio needs to cover).
What is the new catch-up contribution for ages 60-63 in 2026?+
Under SECURE 2.0, employees aged 60, 61, 62, or 63 can make a super catch-up contribution of $11,250 (instead of the standard $8,000 catch-up) in 2026, bringing their total 401(k) limit to $35,750. This is the highest any employee can contribute to a 401(k) in 2026. At age 64+, the limit drops back to $32,500 (standard catch-up of $8,000 applies).
What is the Roth IRA income limit for 2026?+
For 2026, the Roth IRA contribution phases out for single filers with MAGI between $153,000 and $168,000, and for married filing jointly between $242,000 and $252,000. Above these limits, you cannot contribute directly to a Roth IRA — but you can use the Backdoor Roth strategy (contribute to a traditional IRA then convert). There are no income limits for Roth 401(k) contributions through your employer.
Should I contribute to a Roth or traditional 401(k)?+
Choose traditional 401(k) if you expect to be in a lower tax bracket in retirement than now (contributions reduce taxable income today). Choose Roth 401(k) if you expect to be in the same or higher bracket in retirement (contributions are after-tax but withdrawals are tax-free). Most financial planners suggest diversifying — contribute to both. Note: Starting in 2026, high earners over $150,000 must make catch-up contributions as Roth.
What is a safe withdrawal rate in retirement?+
The 4% rule (from the Trinity Study) suggests withdrawing 4% of your portfolio in year one of retirement, then adjusting for inflation annually. Based on historical market data, this rate has lasted 30+ years in most scenarios. For a 40-year retirement (retiring at 55), consider a more conservative 3% to 3.5% withdrawal rate. This calculator uses 4% as the default, implying a 25x nest egg target.
At what age can I withdraw from my 401(k) without penalty?+
You can make penalty-free withdrawals from a 401(k) starting at age 59½. Early withdrawals before 59½ incur a 10% penalty plus income tax, with exceptions (separation from service at age 55, disability, substantially equal periodic payments, and others). Required Minimum Distributions (RMDs) must begin at age 73 for most plans under SECURE 2.0 rules still in effect for 2026.
How does employer 401(k) matching work?+
Employer match is free money. A common structure is 50% match up to 6% of salary — meaning if you contribute 6%, your employer adds 3% more. Always contribute at least enough to get the full match; not doing so is leaving compensation on the table. The combined employee + employer 401(k) limit in 2026 is $72,000. The employer match does not count toward your $24,500 personal limit.
How much should I have saved for retirement at each age?+
Fidelity's widely-cited benchmarks (based on saving 15% of income from age 25): Age 30 — 1x annual salary · Age 35 — 2x · Age 40 — 3x · Age 45 — 4x · Age 50 — 6x · Age 55 — 7x · Age 60 — 8x · Age 67 — 10x. These are rough guides. Your actual target depends on lifestyle, Social Security, pension income, and planned retirement age.