=Personal FinanceTOOLKIT

Retirement Savings

Project a balance using an adjustable return assumption.

Your numbers

Enter your numbers to see the result.

How Retirement Savings works

Project starting investments and regular monthly contributions from your current age to the chosen retirement age using the entered annual return. Contributions arrive at month end. The tool projects a balance rather than deciding how much is enough to retire.

A worked example

These sample values illustrate the calculation. Use your own numbers in the calculator for your result.

Example inputs
Current age
30
Retirement age
65
Current retirement savings
10000
Monthly contribution
300
Assumed annual return (%)
5
Projected balance
$398,164.91
Total contributions
$136,000.00
Hypothetical growth
$262,164.91

Assumptions and limits

Rates, fees and contribution schedules are the assumptions you enter. This estimate does not include changes you have not entered.

Educational estimate only. This is not personalized financial, investment or tax advice.