Retirement calculators & tools

Whether you're just beginning to think about retirement or are already enjoying it, these interactive retirement calculators and tools can make it easy for you to plan and prepare for the road ahead.

Retirement planner

Roth IRA conversion analyzer

Retirement income calculator

Retirement milestones
Timeframe/Age Action
50 years old You can make catch-up contributions to many retirement plans beginning in the year you turn 50.
55 years old You can start taking penalty-free withdrawals from qualified retirement plans such as 401(k)s, 403(b)s and profit sharing plans if you left your employer in the year you turned 55 or later.
59 1/2 years old You can begin taking withdrawals without penalty from IRAs and qualified retirement plans.
62 years old You can start taking reduced Social Security benefits.
64 years and 9 months old You can apply for Medicare.
65-67 years old You can start taking full Social Security benefits according to your birth year. Any delay in applying for Social Security benefits, up to age 70, can qualify you for increased retirement benefits.
70 1/2 years old You must begin taking Required Minimum Distributions (RMDs) from most retirement accounts.

Ameriprise Financial Services, Inc. Member FINRA and SIPC.