Lifetime Earnings Estimator

Project your total career earnings from now to age 65 based on your education level and current salary.

Couldn't load the field list (API key required). Please try again later.

Source: US BLS Occupational Employment and Wage Statistics; BLS Employment Projections · May 2024 wages; 2025-35 projections — US only · last verified 2026-09-13

How this is calculated

Your education level (and optional field) sets a baseline salary, which is then scaled across five age bands using a standard age-earnings profile curve — rising from entry level, peaking in your mid-40s to mid-50s, then easing slightly toward 65. Summing your remaining working years gives the projected total, compared against a high-school-only baseline over the same years.

For a current-year salary figure by specific degree field rather than a full-career projection, see the Graduate Salary by Degree Field calculator, which feeds a similar baseline dataset. Once you have a lifetime earnings estimate, the Retirement Savings Adequacy calculator can help translate a portion of that projected income into a concrete savings plan.

Frequently asked questions

What does "to age 65" assume?
Continuous full-time employment from your current age to 65, using an age-earnings curve — it does not model unemployment, career breaks, part-time years, or early retirement.
How is the earnings curve shaped?
Earnings rise from entry level, peak in the 45-54 age band, then ease slightly toward 65 — a standard age-earnings profile shape, applied on top of your education level's baseline (and field, if selected).
What is the "premium vs high school baseline"?
How much more (as a percentage) your projected lifetime earnings are compared to a high-school-only baseline over the same remaining working years.
What does lifetime earnings mean?
Lifetime earnings is the total income you're projected to earn over your remaining working years, from now until age 65 — a single cumulative figure rather than an annual salary snapshot.
How is the projection calculated?
Your education level (and optional field of study) sets a baseline salary, which is scaled across five age bands using a standard age-earnings profile curve — rising from entry level, peaking in your mid-40s to mid-50s, then easing slightly toward 65 — and summed across your remaining working years.
Does this account for salary growth?
Yes, implicitly — the age-earnings curve itself captures typical salary progression through a career, rising toward a peak in the mid-career years. It does not separately model inflation, so the projection is in today's dollar terms rather than future nominal dollars.
How does education level affect lifetime earnings?
Higher education levels are associated with substantially higher lifetime earnings on average in published labour statistics — the gap compounds over a full career, which is why the calculator shows a "premium vs high school baseline" figure rather than just a single annual salary difference.
What is the earnings premium for a degree?
The earnings premium varies by degree level and field, but bachelor's degree holders have historically earned meaningfully more over a career than high-school-only workers, with the premium generally increasing further for master's and doctoral/professional degrees — and varying significantly by field of study, which is why selecting a specific field gives a more targeted estimate.

Related calculators