Retirement Savings Calculator
Fill in the values and the answer updates as you type.
How the Retirement Savings Calculator works
Future value = current × (1 + r)^n + deposit × ((1 + r)^n − 1) ÷ r, with monthly compounding and a constant return. Real returns vary.
Inputs and results
The Retirement Savings Calculator takes 5 inputs and gives 3 results.
What you enter
- Current age (yrs) — starts at 30.
- Retirement age (yrs) — starts at 65.
- Current savings ($) — starts at 10000.
- Monthly deposit ($) — starts at 500.
- Annual return (%) — starts at 6.
What you get
- Savings at retirement
- Total you contribute
- Growth from returns
Example: Retirement Savings Calculator with the starting values
With current age 30 yrs, retirement age 65 yrs, current savings 10000 $, monthly deposit 500 $ and annual return 6 %, the calculator returns:
| Savings at retirement | $793,590.66 |
|---|---|
| Total you contribute | $220,000 |
| Growth from returns | $573,590.66 |
Change any value above and the results update straight away.
Retirement Savings Calculator FAQ
How do I use the Retirement Savings Calculator?
Enter current age, retirement age, current savings and monthly deposit in the fields, then read savings at retirement, total you contribute and growth from returns in the result panel. The answer updates as you type, and you can press Calculate or Enter to refresh it. Use “Copy link” to share your exact numbers with someone else.
What does the Retirement Savings Calculator calculate?
Projected savings at retirement with monthly deposits. It returns savings at retirement, total you contribute and growth from returns from the 5 values you provide.
What values does the Retirement Savings Calculator start with?
It opens with current age 30 yrs, retirement age 65 yrs, current savings 10000 $ and monthly deposit 500 $ so you can see a working result straight away. Replace them with your own numbers, or press Reset to return to these starting values.
Is the Retirement Savings Calculator free and private?
Yes. It is free, needs no account, and runs in your browser, so nothing you type is sent to or stored on our servers. See the Privacy Policy for details.
Can I rely on the Retirement Savings Calculator for financial decisions?
Treat the result as a well-rounded estimate. Real situations often have details a general calculator cannot know, so confirm financial decisions with a qualified professional. See the Disclaimer for more.