Finance Calculators

Retirement Savings Calculator

Project how your retirement savings will grow based on your current savings, monthly contributions and expected return.

Current age

Retirement age

Current retirement savings

Monthly contribution

Expected annual return

Projected balance at retirement —

Total you will contribute —

About the Retirement Savings Calculator

This calculator projects the growth of a retirement account by compounding your current balance and regular monthly contributions at an assumed annual rate of return until retirement.

Formula: FV = Current Savings × (1+r)ⁿ + Monthly Contribution × [((1+r)ⁿ − 1) ÷ r], where r is the monthly return and n is the number of months.

Starting early matters enormously — even modest monthly contributions can grow substantially given several decades of compounding before retirement.