Retirement Savings Calculator
Retirement Savings Calculator
Retirement projections combine two growth engines: your existing balance compounding on its own, and your ongoing monthly contributions building up over time via the future value of an annuity. Together they show where your retirement savings realistically land if you stay the course.
Anyone planning for retirement uses this to sanity-check whether current contributions are enough, or to see how increasing monthly contributions or working a few extra years changes the final number.
- Two Growth Engines Combined: Existing balance compounds independently; monthly contributions accumulate via annuity growth — both added together.
- Small Increases Compound Over Decades: Because retirement horizons are long, even modest increases to monthly contributions can produce a dramatically larger final balance.
- Doesn't Account for Inflation: This shows nominal dollars; consider using a more conservative "real" rate of return if you want the result in today's purchasing power.
What rate of return should I use for retirement projections?
A common conservative assumption for a diversified stock/bond portfolio is 5-7% annually over long horizons, though this varies by asset allocation and risk tolerance.
Does this include employer matching contributions?
Only if you include the match in your monthly contribution figure — add your own contribution plus any employer match to get an accurate total monthly amount.
Retirement Savings Calculator
Retirement projections combine two growth engines: your existing balance compounding on its own, and your ongoing monthly contributions building up over time via the future value of an annuity. Together they show where your retirement savings realistically land if you stay the course.
Anyone planning for retirement uses this to sanity-check whether current contributions are enough, or to see how increasing monthly contributions or working a few extra years changes the final number.
- Two Growth Engines Combined: Existing balance compounds independently; monthly contributions accumulate via annuity growth — both added together.
- Small Increases Compound Over Decades: Because retirement horizons are long, even modest increases to monthly contributions can produce a dramatically larger final balance.
- Doesn't Account for Inflation: This shows nominal dollars; consider using a more conservative "real" rate of return if you want the result in today's purchasing power.
What rate of return should I use for retirement projections?
A common conservative assumption for a diversified stock/bond portfolio is 5-7% annually over long horizons, though this varies by asset allocation and risk tolerance.
Does this include employer matching contributions?
Only if you include the match in your monthly contribution figure — add your own contribution plus any employer match to get an accurate total monthly amount.