Excel Formulas to Calculate Retirement Date ~ Easy Steps!!
Tags: excelformula, excelformulas
Published: 2021-05-03 09:26:13

---
title: Excel Formulas to Calculate Retirement Date ~ Easy Steps!!
published: true
date: 2021-05-01 09:47:47 UTC
tags: ExcelFormula,Excelformulas
canonical_url: https://geekexcel.com/excel-formulas-to-calculate-retirement-date-easy-steps/
---

Supposing, an employee will be retired at the age of 60, how could you **calculate the retirement date** from the date of birth in Excel? Today I introduce you to some formulas to solve this problem. Let’s get into this article!! Get an official version of ** MS Excel**  from the following link: [https://www.microsoft.com/en-in/microsoft-365/excel](https://www.microsoft.com/en-in/microsoft-365/excel)

[![Calculate Retirement date](https://geekexcel.com/wp-content/uploads/2021/05/Calculate-Retirement-date-1.png)](https://geekexcel.com/excel-formulas-to-calculate-retirement-date-easy-steps/calculate-retirement-date-2/#main)<figcaption id="caption-attachment-34947">Calculate Retirement date</figcaption>

## General Formula:

- Use the below formula to calculate the retirement date from the date of birth in Excel.

**=[EDATE](https://geekexcel.com/how-to-use-edate-function-in-excel-365/)(A1,12\*60)**

## Syntax Explanations:

- **EDATE** – In Excel, the **[EDATE function](https://geekexcel.com/how-to-use-edate-function-in-excel-365/)** helps to add or subtract the specified number of months with the given date and returns the serial number that represents the result date in Excel.
- **A1** – It represents the input date.
- **Comma symbol (,)** – It is a separator that helps to separate a list of values.
- **Parenthesis ()** – The main purpose of this symbol is to group the elements.
- **Multiplication (\*) **– In this symbol will multiply any two values or numbers.

## Practical Example:

Refer to the below example image.

- First, we will enter the input names and date of birth in **Column B** and **Column C**.
- Now we are going to calculate the retirement date based on their date of birth.

![Input Ranges](https://geekexcel.com/wp-content/uploads/2021/05/Input-Ranges-1.png)<figcaption id="caption-attachment-34934">Input Ranges</figcaption>

- So, apply the above-given formula to the [**formula bar**](https://geekexcel.com/how-to-use-formula-bar-for-various-purpose-in-excel-365/) section and press the  **ENTER**  key.

![Enter the formula](https://geekexcel.com/wp-content/uploads/2021/05/Enter-the-formula-1.png)<figcaption id="caption-attachment-34933">Enter the formula</figcaption>

- Finally, we will get the result in the selected cell.

![Result](https://geekexcel.com/wp-content/uploads/2021/05/Result-1.png)<figcaption id="caption-attachment-34935">Result</figcaption>

-  If you just want to know the number of years to retire from the current date, you can use the below formula.

**=[YEARFRAC](https://geekexcel.com/how-to-use-yearfrac-function-in-microsoft-excel-365/)([TODAY](https://geekexcel.com/how-to-use-excel-today-function-in-office-365-simple-steps/)(),D6)**

- Apply the above-given formula, you can get the below result.

![Result 2](https://geekexcel.com/wp-content/uploads/2021/05/Result-2.png)<figcaption id="caption-attachment-34936">Result 2</figcaption>

## Conclusion:

Here, we have described the simple formula used to **calculate the retirement date** from the date of birth in Excel. If you feel this article is useful, then leave feedback in the below **comment** section. Thank you so much for visiting our site. Click here to know more about **[Geek Excel](https://geekexcel.com/) **and [**Excel Formulas**](https://geekexcel.com/excel-formula/) **!! **

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