Evaluate your retirement preparedness across countries, pension systems, and savings goals. Get personalized insights and country comparisons.
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Retirement readiness is multi-dimensional — it's not just about having enough money. A truly prepared retirement encompasses financial security, lifestyle fulfillment, and physical and social well-being.
Financial readiness means having sufficient savings, investments, and income streams to maintain your desired lifestyle throughout retirement. Key components include:
Retirement is a major life transition that requires planning beyond finances. Having a clear vision for how you'll spend your time and maintain a sense of purpose is crucial for a fulfilling retirement:
Your physical and emotional well-being are foundational to enjoying retirement. Preparing for health challenges and maintaining strong social connections are essential:
A retirement readiness score of 80 or above indicates you're on track for a comfortable retirement. Scores between 60-79 suggest moderate preparation with some areas needing improvement. Scores below 60 indicate significant gaps that require immediate attention. The score considers savings adequacy, investment strategy, timeline, pension/social security, and cost preparedness.
A common rule of thumb is to aim for 70-80% of your pre-retirement income annually. For example, if you earn $75,000/year, you'd need $52,500-60,000 per year in retirement. The total amount depends on your retirement age, life expectancy, desired lifestyle, location, and healthcare needs. Many experts suggest having 10-12x your annual salary saved by retirement age.
The ideal time to start planning is in your 20s or as soon as you begin earning income. The power of compound interest means even small contributions early on can grow significantly. However, it's never too late — even if you're in your 40s, 50s, or 60s, strategic planning and catch-up contributions can still make a substantial difference in your retirement readiness.
The most popular retirement accounts include 401(k) plans (employer-sponsored with potential matching contributions), Traditional IRAs (tax-deductible contributions), Roth IRAs (tax-free withdrawals in retirement), and SEP IRAs for self-employed individuals. Each has different contribution limits, tax advantages, and withdrawal rules. Many financial advisors recommend maximizing employer 401(k) matches first, then contributing to IRAs.
Yes, many retirees choose to live abroad for lower costs, better climate, or new experiences. Key considerations include visa/residency requirements, healthcare access and insurance, cost of living, tax implications (some countries have tax treaties with the US), language barriers, proximity to family, and political stability. Popular retirement destinations include Portugal, Mexico, Costa Rica, Spain, and Thailand. Research thoroughly and consider extended visits before committing.
Healthcare is one of the largest retirement expenses. In the US, Medicare begins at 65 but doesn't cover everything — consider Medicare Supplement (Medigap) or Medicare Advantage plans. Budget for premiums, deductibles, prescriptions, dental, vision, and long-term care insurance. Health Savings Accounts (HSAs) offer triple-tax advantages for healthcare savings. The average couple may need $300,000-400,000+ for healthcare throughout retirement, according to Fidelity estimates.
Our AI-powered retirement readiness calculator helps you understand your retirement preparedness across different countries and pension systems. Whether you're planning to retire in your home country or considering retirement abroad, this tool provides comprehensive analysis of your savings trajectory, pension benefits, and country-specific retirement security.
Perfect for expats, digital nomads, and remote workers navigating multiple pension systems, our calculator compares retirement security across countries, analyzes pension portability, and provides actionable strategies to close any retirement savings gaps. Get personalized insights on optimal retirement locations, tax implications, and healthcare systems.
Provide age, savings, contributions, and current country information
Specify desired lifestyle, retirement location, and healthcare needs
Our AI evaluates your readiness across 5 dimensions with country-specific insights
Follow the personalized roadmap to optimize your retirement plan
Maximize your career earnings before retirement!
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