Free calculator
Retirement Savings Calculator
Free Retirement Savings Calculator with instant browser-based results and a clear calculation breakdown.
💰 Retirement Savings Calculator
Calculate your projected retirement savings with compound interest
Projected Retirement Savings
$0
Years Until Retirement:
Total Contributions:
Investment Growth:
How it's calculated:
This calculator uses the compound interest formula for both your initial savings and monthly contributions. Your current savings grow with compound interest, while monthly contributions are calculated using the future value of an annuity formula: FV = P × [(1 + r)^n - 1] / r, where P is the monthly contribution, r is the monthly interest rate, and n is the number of months.
This calculator uses the compound interest formula for both your initial savings and monthly contributions. Your current savings grow with compound interest, while monthly contributions are calculated using the future value of an annuity formula: FV = P × [(1 + r)^n - 1] / r, where P is the monthly contribution, r is the monthly interest rate, and n is the number of months.
⚠️ Disclaimer: This calculator provides estimates based on the inputs provided. Actual investment returns vary and are not guaranteed. Past performance does not guarantee future results. Consult with a financial advisor for personalized advice.
Want to understand the calculation?
Read the guideSee examples, formula notes and limitations.