Retirement planning

A new chapter starts
with a clearer picture.

Connect what you’re saving today with the life you want after work. Explore retirement dates, account choices, and the income that carries you forward.

Build your forecast Explore an example

MoneyWhatIf 401(k) contribution settings with an annual contribution, employer match, and inflation adjustment. — See how the accounts you build today support the years after work.Illustrative example

See what’s possible

When could work become optional?

Try a retirement date, examine the years your savings need to cover, and test how a different finish line changes the plan.

Read the detailed guide

Plan the transition on your terms

Set retirement timing for each partner and connect it to the income and spending that change when work ends.

Bring your accounts together

Model contributions, employer matches, taxable investments, and retirement accounts as parts of one lifetime picture.

Follow the money after work

Include Social Security, pensions, withdrawals, and required distributions. Model health coverage before and after Medicare, including estimated marketplace subsidies and income-related premiums.

Explore the details

Give health coverage its own timeline

The move out of work can change health costs as well as income. Marketplace coverage, Medicare, and supplemental costs have different timing and assumptions. Keeping these in the forecast helps you investigate the years before 65 and the effect that earlier income can have on later premiums.

Model the interval between the last paycheck and Medicare.
Review the income assumptions behind premium surcharges.

Marketplace and Medicare settings with retirement timing and supplemental coverage assumptions. — Coverage costs belong on the same timeline as retirement.Illustrative example

From a question to a clearer picture

Connect the saving years with the spending years

Retirement planning brings account contributions, the end of earned income, later benefits, and the cost of living onto one timeline for the household.

Set each person’s timeline
Enter household ages, retirement timing, and the horizon you want to explore. Add the income streams that stop, continue, or begin as each person moves out of work.
Describe how accounts are funded
Enter account balances and tax treatment, then configure contributions and employer matching where applicable. Review the contribution schedule alongside the income that needs to support it.
Read the transition and what follows
Inspect cash flow around retirement, when benefits start, and when required distributions appear. Include the plan’s health-cover assumptions before comparing the account balances left for later years.

Connect the whole plan

See which accounts replace the paycheck

Retirement can change the household from adding to accounts to drawing from them. The withdrawal chart shows when each source enters the picture and how much it supplies. Read the shift from brokerage balances to retirement accounts alongside the plan’s tax view and later required distributions.

Find the first years that depend on account withdrawals.
Compare withdrawal sources before and after required distributions begin.

Projected withdrawals from cash, brokerage, retirement, and education accounts across the plan. — See which accounts support the years when income does not cover costs.Illustrative example

One way to use it · illustrative scenario

Two partners, two retirement dates

Imagine a household where one partner wants to retire at 60 and the other expects to keep working until 65.

Try an example plan

The choice to explore

They set separate retirement dates, review which contributions continue, and give Social Security and pension income their own start dates.

Where to look

They compare the years with one salary against the years with no salary. Cash flow shows when withdrawals enter the picture, while account and tax views show which balances provide them.

What you could learn

The comparison makes a staggered retirement visible year by year, including the years between each person’s last paycheck and the start of their retirement benefits.

Make sense of what you see

Read the contribution settings in context

Your contribution and employer money are separate

The account settings distinguish money you put in from the employer match. Their effect belongs in the whole forecast, where household cash also covers taxes and living expenses.

Inflation adjustment changes the future schedule

A contribution that increases with inflation follows a different path from a fixed dollar amount. Check that choice before interpreting a rising contribution total as a change in saving effort.

Account type affects more than the label

Taxable, tax-deferred, and Roth accounts do not produce the same withdrawal and tax pattern. Read their separate balances and the later distribution schedule, rather than treating every retirement dollar alike.

A little more detail

Good questions to start with.

Can I separate retirement from claiming Social Security?

Yes. Retirement timing and a Social Security stream’s claiming age are separate choices. The plan can therefore show a period after wages stop but before benefits begin. Benefit estimates follow the inputs and rules the model supports.

What about health insurance before Medicare?

Health cover settings include modeled marketplace coverage before 65 and Medicare afterward, with estimated subsidies and income-related premiums where applicable. These costs belong in the projection; the app does not enroll you in coverage or choose a policy.

Does entering a contribution mean it is always allowed?

The model applies supported contribution limits, catch-up rules, and phaseouts according to account type and household inputs. Its annual projections do not replace account records or establish personal eligibility. The contribution guide explains the rules and boundaries being modeled.