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How to calculate retirement date from date of birth in Excel?

Supposing, an employee will be retired at age of 60, how could you calculate the retirement date from the date of birth in Excel?

Calculate retirement date from date of birth with formula

Calculate retirement date and remaining year from date of birth with formulas

Calculate retirement date from date of birth with a handy feature


Calculate retirement date from date of birth with formula

For example, I have a list of persons’ birth date, if their retirement age is 60, the following formula can help you to calculate their retirement date, please do as this:

1. Enter the below formula into a blank cell adjacent to your data range, C2, for instance, then drag the fill handle down to the cells that you want to apply this formula, and five-digit numbers are displayed as following screenshot shown:

=IF(DAY(E2)=1,DATE(YEAR(E2)+60,MONTH(E2),0),DATE(YEAR(E2)+60,MONTH(E2)+1,0))

2. And then, you should convert these numbers to date format, select the numbers, and choose Short Date from the General drop down list under Home tab, and all numbers have been converted to normal date format, see screenshot:

Notes:

1. This formula can calculate a person’s retirement date which on the last day of the month he completes 60 years, it means, if born on 5/10/1976 will retire on 5/31/2036.

2. In the above formula, E2 is the birth date cell you are used, and 60 is the retirement age the person will be retired, you can change them to your need.


Calculate retirement date and remaining year from date of birth with formulas

Sometimes, you may want to calculate the retirement date which on the exact day of birth date after 60 years from the birth date, for example, if the person is born 5/18/1980, the exact retirement date will be 5/18/2040. For dealing with this task, the EDATE function can do you a favor.

1. Please apply the below simple formula into a blank cell where you want to put the result, and then drag the fill handle down to fill this formula to other cells, see screenshot:

=EDATE(B2,12*60)
Note: In the above formula, B2 is the cell contains the birth date you want to calculate the retirement date based on, and 60 is the retirement age.

2. Then, you should format the results as date format, select the numbers, and choose Short Date from the General drop down list under Home tab, and all numbers have been converted to normal date format, see screenshot:

3. If you want to calculate the remaining years before the retirement date, please apply the below formula, and then drag the fill handle down to fill this formula to other cells, see screenshot:

=YEARFRAC(TODAY(),C2)
Note: In the above formula, C2 is the retirement date you have calculated.

Tips: If you want to just keep the integer part of the remaining year, please use this formula: =INT(YEARFRAC(TODAY(),C2)).


Calculate retirement date from date of birth with a handy feature

If you have Kutools for Excel, with it Add years to date feature, you can also calculate the retirement date which on the exact day of birth date after 60 years from the birth date with ease.

Note:To apply this Add years to date, firstly, you should download the Kutools for Excel, and then apply the feature quickly and easily.

After installing Kutools for Excel, please do as this:

1. Click a cell where you want to locate the result. And then click Kutools > Formula Helper > Formula Helper, see screenshot:

2. In the Formula Helper dialog box, please do the following operations:

  • Select Date option from the Formula Type drop down list;
  • Then choose Add years to date from the Choose a formula list box;
  • In the right Arguments input section, select a list of cells that you want to calculate the retirement date based on from the Date time text box, and then type the retirement age into the Number box.

3. And then click Ok button, and you will get the result , then drag the fill handle down to the cells to calculate the retirement dates as below screenshot shown:

Note: With this feature, you can calculate the retirement date which on exact day of the birth date, say if born on 5/10/1976 will retire on 5/10/2036.

Download and free trial Kutools for Excel Now !


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  • If you have a list of the employee's date of birth in Excel worksheet, now, you want to calculate the age for each of them. In Excel, there are some useful functions, such as YEARFRAC or DATEDIF which can help you to get the age from the birthday quickly and easily.
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  • To post as a guest, your comment is unpublished.
    dhyan · 1 years ago
    It is very easy to understand and useful , Thank you
  • To post as a guest, your comment is unpublished.
    Pooja · 2 years ago
    Very Useful.
  • To post as a guest, your comment is unpublished.
    Anannias Abner · 3 years ago
    Can anyone help me on the formula using COUNTIF to calculate the total number of employees who retire before 01/04/2018
  • To post as a guest, your comment is unpublished.
    Abdul · 4 years ago
    if my date of birth is 10/10/1988 and retirement age is 60. how will be the formula of this in excel,please help.
    • To post as a guest, your comment is unpublished.
      Aasim · 2 years ago
      Simply add 1998 with 60 you will get 2048
      That means ur rt date is 10/10/2048
      Eg your d. O. B =10/10/1988
      + 0 /0/ 60
      = 10/10/2048
      Created myself . Aasim
      • To post as a guest, your comment is unpublished.
        louis · 1 years ago
        add 1998 with 60 becomes 2058. The above calculation is wrong
      • To post as a guest, your comment is unpublished.
        santosh · 2 years ago
        if date of birth cell is blank or any text than how would you solve this condition while calculating date of retirement.