Calculators & Converters
Retirement Savings Calculator
The Retirement Savings Calculator projects how your savings will grow over time, combining your current balance with regular monthly contributions and compound annual growth.
Change any input -- your current savings, monthly contribution, expected return or years to retirement -- and the projected total updates immediately.
How to Use the Retirement Savings Calculator
- Open the Retirement Savings Calculator.
- Enter your current savings balance.
- Enter your planned monthly contribution.
- Enter an expected annual return percentage and the number of years until retirement.
- Read your projected total, contributions and growth.
Frequently Asked Questions
What return rate should I use?
That depends on your investment mix -- this tool doesn't recommend a rate. A common long-term reference for diversified stock market investing is 7-10% annually, but actual returns vary and are never guaranteed.
Does this account for inflation?
No, the projection is in today's currency terms without adjusting for inflation. Keep that in mind when planning for future purchasing power.
Does this account for taxes?
No. Depending on the type of retirement account, contributions, growth or withdrawals may be taxed differently -- this tool only projects the raw growth.