Retirement Calculator

Our retirement calculator helps you estimate how much money you'll have saved by the time you retire based on your current savings, monthly contributions, and expected rate of return.

How to Use

• Enter your current age and desired retirement age
• Input your current retirement savings balance
• Add your monthly contribution amount
• Set your expected annual return rate (typically 6-8% for diversified portfolios)

The Formula

Future Value = Current Savings × (1 + r)^n + Monthly × (((1 + r)^n - 1) / r)

Example

Age 30 with $50,000 saved, contributing $500/month at 7% annual return until age 65: Result: Approximately $1,286,000 at retirement