What does working one more year add?

What the comparison includes

The first projection finds the earliest month your portfolio reaches its target. The second keeps that portfolio invested for exactly 12 more months and adds the yearly contribution shown above in equal monthly amounts. The extra monthly capacity applies your chosen withdrawal rate to the difference.

Fictional example: The prefilled numbers are illustrative and are not a recommendation.

Limitations

This comparison does not value an extra year of time, taxes, employer benefits, fees, or changes to earnings and spending. Returns are smooth assumptions rather than market sequences. Use the full calculator to model events and stress-test retirement.