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Retire Wise

Why a retirement planner on a HAM Radio page? Simply because I wanted one for myself and nothing I found was good enough for my purposes so I created this one myself (and Claude Code!). Enjoy!

RetireWise – Retirement Planning Calculator v1.2.1

Personal Info

Income & Savings

Retirement

Asset Allocation

100%

Return Assumptions

(starts at 75)
Auto-saves on Calculate

Plan Your Financial Future with Confidence

RetireWise uses advanced Monte Carlo simulations and historical market data spanning nearly a century to give you a realistic picture of your retirement readiness. No guesswork—just data-driven insights.

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Monte Carlo Simulation

500 randomized scenarios using historical S&P 500 returns (1928-2023) to calculate your probability of success. See best-case, worst-case, and everything in between.

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Historical Stress Tests

Test your portfolio against 11 real market periods: 1929 Depression, 2008 Financial Crisis, 1990s Tech Boom, and more. Know how you’d fare in the worst times.

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Tax-Smart Withdrawals

Compare Traditional vs Roth withdrawal strategies. Find the optimal mix that minimizes your lifetime tax burden and maximizes your wealth.

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Social Security Optimizer

Should you claim at 62, 67, or 70? See break-even analysis and lifetime benefit comparisons based on your life expectancy.

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RMD Calculations

Required Minimum Distributions automatically calculated using the 2024 IRS Uniform Lifetime Table. Never miss a mandatory withdrawal.

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Healthcare Projections

Medicare, Medigap, Part D, and out-of-pocket costs projected with 5.5% healthcare inflation. Plan for your biggest retirement expense.

How It Works

1

Enter Your Info

Age, income, savings rate, current balance, and retirement goals

2

Run Simulations

500 Monte Carlo scenarios plus 11 historical stress tests

3

Explore Scenarios

Click percentiles to see optimistic, median, and pessimistic outcomes

4

Optimize Your Plan

Adjust variables and use advanced analysis to maximize success

Understanding Your Results

Success Rate

Percentage of Monte Carlo simulations where your money lasted through retirement. Aim for 80%+ for confidence.

Funding Ratio

Your projected balance vs. what you need. 100%+ means you’re on track; below 100% shows your savings gap.

Sequence Risk

Poor returns early in retirement hurt more than later. The advanced analysis shows how this affects your specific situation.

Withdrawal Rate

The classic 4% rule is a starting point. Your actual safe rate depends on your timeline, allocation, and flexibility.

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Important Disclaimer

This calculator is for educational and informational purposes only and does not constitute financial advice. Past market performance does not guarantee future results. Monte Carlo simulations show possible outcomes based on historical data, not predictions. Your actual results will vary based on market conditions, personal circumstances, and factors not modeled here. Consult a qualified financial advisor before making retirement decisions.

Built with ❤️ by DitDots