Finance
Retirement Savings Estimate Calculator
Roughly project a retirement balance from current savings, monthly contributions, and return.
Formula
The balance is the growth of current savings plus the future value of monthly contributions at the monthly return rate.
How it works
This is a long-range estimate, not a retirement plan. Real returns vary, and withdrawals, taxes, and inflation are not included.
FAQs
Should I include inflation?
For a real-terms view, use a return net of inflation, for example 7% return minus 3% inflation is about 4%.
Does it say if I have enough?
No — compare the result with your expected retirement spending separately.
Why start early?
More years of compounding make a bigger difference than larger late contributions.
Are these figures financial advice?
No — they are estimates for planning only, not financial advice. Check with a qualified adviser for decisions involving large sums.
Estimates only, not financial advice. Figures are approximate and do not include all fees, taxes, or changing rates unless stated.