How to use it
- Enter your current age, planned retirement age and current savings.
- Add the monthly contribution and expected annual return.
- Optionally enter inflation and a desired savings target, then calculate.
Retirement Calculator
Estimate savings at retirement from your current balance and monthly contributions.
About the Retirement Calculator
This calculator projects a savings balance from the current amount, monthly contributions and an expected annual return. Optional inflation converts the projection to estimated present-day purchasing power.
Projection logic
The balance grows monthly using an annual effective return converted to a monthly rate, with each contribution added at the end of the month. Total contributions include current savings and all planned monthly deposits.
Inflation and target note
When inflation is entered, the calculator uses the real return relationship (1 + return) / (1 + inflation) - 1. The result is an estimate only and does not predict market performance or provide financial advice.
Example
A 35-year-old with $50,000 saved can compare monthly contributions at a 6% return through age 65, then add inflation to view the estimate in present-day purchasing power.