Retirement Calculator
Project how much your retirement savings could be worth when you retire. Enter your current age, retirement age, current savings, monthly contributions, expected return and (optionally) inflation to see the projected balance in both nominal and today's-money terms.
Enter your retirement details
Enter your details and press Project retirement.
How the projection works
The calculator compounds your current savings monthly at the expected return rate and adds monthly contributions. The result is expressed in nominal terms (the actual number you'd see on a statement) and in today's money (inflation-adjusted) — the second figure is what actually matters for lifestyle comparisons.
Projected = P · (1 + r)^n + M · [ ((1 + r)^n − 1) / r ]
Where P is current savings, M is the monthly contribution, r is the monthly return (annual ÷ 12), and n is the number of months until retirement.
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Frequently asked questions
A common benchmark is 10–12× your final salary by age 65 for a comfortable retirement. Another is to aim for 25× your desired annual spending, which supports the "4% rule" — withdrawing 4% of the portfolio per year with a high probability of it lasting 30+ years. Both are guides, not rules.
Use nominal returns (7–8% for a diversified equity portfolio) and enter inflation separately to see both figures. If you prefer, use a real return (4–5%) and set inflation to 0 — you'll get the same today's-money result without needing to interpret two numbers.
No. This calculator projects your personal savings and investments only. State pension entitlements and employer pensions with defined benefits should be added on top. Check your country's pension service for a projection of your state entitlement.