Retirement Savings Calculator
Project retirement savings from contributions, rates, growth, and time. Use this free retirement savings calculator for fast, clear results with no signup re...
Retirement Savings Calculator guide
What it is for
The Retirement Savings Calculator estimates a financial outcome so you can compare scenarios before making a decision.
How it is calculated
Annual end-of-year contributions C grow to C × ((1 + r)^years − 1) / r, where r is annual return as a decimal. At zero return the total is C × years.
Assumptions
Taxes, fees, inflation, rate changes, and product terms are not included unless the inputs account for them.
Example
Worked example — Annual retirement contribution: $6000; Expected annual return: 6%; Years until retirement: 30. Projected retirement savings: $474,349.1173; Total contributions: $180,000.
Limitations
This is not financial, tax, legal, or investment advice. Confirm terms with official documents and a qualified professional.
Public source: Investor.gov: Investing