Retirement Savings Calculator
Project your retirement nest egg with inflation adjustments. See exactly how contributions and investment returns impact your future financial security.
Are You on Track for Retirement?
Planning for retirement is a long-term game. The key is to start early, save consistently, and let the power of compound interest work for you. This calculator helps you project the future value of your retirement savings, often called your "nest egg."
By entering your current situation and future contributions, you can visualize your path to retirement and see if you're on track to meet your goals. Adjust the numbers to see how changes in your savings habits or market returns could impact your final outcome.
How to Use This Calculator
Enter Your Timeline
Input your current age and your target retirement age.
Input Your Financials
Provide your current retirement savings, your monthly contribution, and your estimated annual return on investments.
View Your Projection
The calculator will project the future value of your savings at retirement, showing you the breakdown of your contributions versus the interest earned.
Contributions vs. Growth
Understand the engine driving your portfolio growth.
Compound Growth
In the later years, the 'Total Interest' portion of the chart explodes. This is where your money starts working harder than you do.
Employer Match
Don't forget to include employer matching contributions in your monthly savings. It's literally free money and significantly boosts your result.
Tax Advantages
Using tax-advantaged accounts (401k, IRA) accelerates growth by letting you invest pre-tax dollars or grow tax-free.
Inflation Reality
Remember that a million dollars in 30 years won't buy what it buys today. Always think in 'Real Dollars'.
Take Your Plan to the Next Level
This calculator is just one piece of the puzzle. Use our full Financial Independence Simulator to unite your income, investments, and expenses into a single, interactive roadmap.
Will Your Nest Egg Be Enough?
Now that you have a projection, see how it stacks up against your needs.
Frequently Asked Questions
The amount you need for retirement depends heavily on your desired lifestyle and annual expenses in retirement. A common rule of thumb is to aim for a nest egg that is 25 times your estimated annual expenses, which allows for a 4% withdrawal rate. This calculator helps you see if you are on track to reach your goal.
Many financial advisors recommend saving 15% of your pre-tax income for retirement. However, those pursuing Financial Independence or early retirement often aim for much higher savings rates, sometimes 50% or more.
While past performance is not indicative of future results, the historical average annual return of a diversified stock market portfolio (like the S&P 500) is around 10% before inflation. A more conservative estimate, after accounting for inflation (a 'real return'), is often in the 7-8% range. It's wise to run scenarios with different rates.