After business expenses and self-employment tax deduction
Age 50+ qualifies for catch-up contributions
How much do I need to retire?
A common rule is to replace 70-80% of your pre-retirement income.
- •Save your calculations by bookmarking this page with your inputs in the URL.
- •Try different scenarios to understand how changes affect your results.
- •Share this calculator with friends or family who might find it useful.
- •Use the results as a starting point for conversations with financial advisors.
- •Bookmark this page and revisit quarterly to track your progress toward goals.
Plan for a secure retirement income.
Step-by-Step Instructions
Enter your current age and planned retirement age.
Input current savings and monthly contribution capability.
Determine if you are on track to meet your retirement income goals.
When planning retirement savings as a self-employed individual or small business owner.
- •Self-employed individuals
- •Freelancers
- •Small business owners
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Real-world case studies showing how advisors use the Solo 401(k) Calculator with clients.