Retirement Calculator
Plan how much you need to retire comfortably
Formula Used
Projected Savings = Current Savings × (1+r)ⁿ + Monthly × [((1+r)ⁿ − 1) / r] where n = months until retirement
Step-by-Step Explanation
- 1Enter your current age, target retirement age, and current savings.
- 2Enter your monthly contribution and expected return to see your projected retirement savings.
Worked Examples
Example 1
Age 30 to 65, $15,000 saved, $400/month at 7%
35 years of growth
Projected savings well over $600,000
Frequently Asked Questions
Related Calculators
Tax Calculator
Estimate your income tax based on your earnings and bracket
Try nowPopular
VAT Calculator
Add or remove VAT from any price instantly
Try nowPopular
Loan Calculator
Calculate monthly payments, total interest, and amortization schedule
Try nowPopular
Mortgage Calculator
Calculate mortgage payments, interest, and total cost
Try now