When do you hit your number?
401(k) Millionaire & FIRE Calculator
How long until your retirement accounts cross $1,000,000 - or whatever your "financial independence" number is? Enter your savings rate and watch the milestone arrive.
Your milestone
You reach $1,000,000 in
23 yrs
at age 53
- Target$1,000,000
- Projected balance then$1,006,702
The first $100k is the hardest. After that, compound growth does more of the work than your contributions - so the milestones come faster.
Figures current for 2026 · last reviewed June 2026 · sourced from the IRS (IRS Notice 2025-67). How we calculate & cite our data. Educational only — not financial advice.
Assumptions & notes
How is the timeline calculated?
Each year we add your annual savings and grow the balance at your assumed return; your contribution rises with the growth rate you set. We count the years until the balance reaches your target.
What is FIRE?
FIRE stands for Financial Independence, Retire Early. A common rule of thumb is that 25x your annual spending (a 4% withdrawal rate) is enough to retire. Set that as your target to see when you'd reach financial independence.
Is $1,000,000 enough?
It depends entirely on your spending. At a 4% withdrawal rate, $1,000,000 supports about $40,000/year. Many savers aim higher. This tool is for motivation and planning, not a guarantee.
These are assumptions, not guarantees. Investment returns and inflation are estimates you control - markets vary and past performance does not predict future results. Tax figures use current-year IRS numbers; your situation may differ. This tool is educational and not financial advice.