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Retirement Savings Calculator

Project how your savings could grow by retirement, based on what you have now, what you add monthly, and your expected rate of return.

Your numbers

A common long-run assumption for a diversified stock portfolio is around 6-8% annually, before inflation.
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Projected balance at retirement

$0.00
Years to retirement0
Total you'll contribute$0.00
Growth from investment returns$0.00
This is a simplified projection assuming a constant monthly contribution and a constant annual return, compounded monthly. It does not account for inflation, taxes, fees, employer matching, or market volatility - actual results will vary. This is not investment advice; consider speaking with a financial advisor for a plan tailored to your situation.

How is this projected?

This calculator combines two things: your current savings growing at your chosen rate of return, plus your monthly contributions growing as they're added over time (a standard future-value-of-an-annuity calculation). It compounds monthly, which is a common simplification of how a diversified investment account behaves over the long run.

FAQ

Why does the rate of return matter so much?

Compounding means small differences in annual return lead to large differences over 20-30+ years. Going from 5% to 7% annual return can mean tens of thousands of dollars of difference in your final balance for the same contributions.

Should I include Social Security or a pension in "current savings"?

No - this calculator is for savings and investment accounts only (401(k), IRA, brokerage, etc.). Social Security and pension income are typically estimated separately.