Retirement Calculator
About Retirement Calculator
The retirement calculator estimates savings at retirement using current savings, monthly contributions, and an expected annual return.
How to Use
The retirement calculator estimates savings at retirement using current savings, monthly contributions, and an expected annual return. Fill in Current age, Retirement age, Current savings, Monthly contribution, Annual return, Retirement goal, Return mode, and Expected inflation, then review the calculated Projected savings, Total contributions, Investment growth, Goal gap, and Projected purchasing power.
- Open the calculator : Use Retirement Calculator from the Finance category.
- Check the inputs : Review the required values and any optional settings.
- Read the formula : Use the formula and notes below to understand how the result is produced.
Common Questions
What does the Retirement Calculator estimate?
Project retirement savings from age, savings, contributions, and return.
What can change the estimate?
This is an estimate, so taxes, fees, payment timing, compounding, and changing returns can move the result.
Inputs
- Current age
- Retirement age
- Current savings
- Monthly contribution
- Annual return
- Return mode
- Expected inflation
- Retirement goal
Outputs
- Projected savings
- Projected purchasing power
- Total contributions
- Investment growth
- Goal gap
Formula
Savings grow monthly by investment return plus monthly contributions until retirement age.