CALCULATOR · FREE免费 · Free
Retirement Savings Calculator
Retirement savings depend on three things: existing principal, monthly contributions, and time with compounding. Enter current age, retirement age, savings, monthly contribution and annual return to estimate the balance, total contributions and growth.
--Months · months
--Balance · $
--Contributions · $
--Growth · $
Estimates only; verify on site before ordering or building.
Example
| Item | Value | Unit |
|---|---|---|
| Current age | 30 | years |
| Retire age | 65 | years |
| Current savings | 50000 | $ |
| Monthly | 500 | $ |
| Annual return | 7 | % |
| Months | 420 | months |
| Balance | 1475834.89 | $ |
| Contributions | 260000 | $ |
| Growth | 1215834.89 | $ |
Where people go wrong
- Using annual return as the monthly rate.
- Ignoring inflation, fees and taxes.
- Treating monthly contributions as annual.
FAQ
Is 7 percent realistic?
It is a common long-run stock-market assumption, but volatile; actual results can differ a lot.
Should I adjust for inflation?
This tool is nominal; subtract inflation for real purchasing power.
Is this investment advice?
No; consult a licensed advisor.