Calculator
Retirement Calculator
Enter ages, current savings, monthly contributions, and an assumed return to see an estimated balance at retirement. The model skips Social Security, pensions, inflation, taxes, and withdrawal strategies.
Retirement plan
An assumption used for this estimate
Results
Estimated retirement balance
Estimate based on a constant return and uninterrupted contributions.
$1,054,402.17
Total contributions
$291,000.00
Estimated investment growth
$763,402.17
Compared with target
30 years until the retirement age you entered.
May reach target ($54,402.17 surplus)
Calculators and articles on this site are for education only. They are not financial, investment, tax, legal, or professional advice.
How this calculation works
Years until retirement are based on the two ages you enter. Current savings grow at the assumed monthly rate, and each contribution is added along the way. The tool then compares that estimated balance with your desired amount.
It does not model Social Security, pensions, inflation, taxes, or withdrawals after retirement. “May reach target” only means the projected balance meets the number you typed under those assumptions.
Balance = current savings grown monthly + future value of monthly contributions
The number of months is retirement age minus current age, times 12. The return you enter is held constant for the whole period.
Example
Age 35, retire at 65, $75,000 saved, $600 a month, 6% assumed return, and a $1,000,000 target. The calculator will show whether that path may reach $1,000,000 in this simplified model. Try 4% as well—the same contributions can miss the target under a lower return.
Frequently asked questions
Does this include Social Security?
No. Choose a target that already reflects how you want to treat Social Security, a pension, or other income.
Why might the target show as not reached?
Under the ages, savings, contributions, and return you entered, the projected balance falls short. Saving more, waiting longer, or changing the assumed return changes the picture.
Are these results guaranteed?
No. They assume a constant return and uninterrupted contributions. Inflation, fees, taxes, and market swings are not fully modeled.
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