About the Retirement Calculator
Estimate how much money you could have when you retire. This tool is free, works in your browser and needs no sign-up.
How to use the Retirement Calculator
Enter your age, the age you want to retire, your savings now, your monthly saving and the return you expect. Returns are never guaranteed.
Formula used
Balance = Savings × (1 + i)^n + Monthly × ((1 + i)^n − 1) ÷ i, where i is the monthly return and n is the number of months.
Example
With Your age 30, Retirement age 60, Savings now 20000, Monthly saving 500, Expected return (% per year) 7, the calculator shows: Balance at retirement = 772,315.45; Total you put in = 200,000.00; Growth = 572,315.45.
Frequently asked questions
Is the Retirement Calculator free to use?
Yes. It is completely free and you can use it as many times as you like.
How accurate is the Retirement Calculator?
The calculator uses standard formulas, so the maths is exact. Real life results can differ because of fees, taxes, rounding or personal factors, so treat the answer as an estimate.
Do you store the numbers I enter?
No. All calculations run in your browser. The values you type are not sent to our server.
Disclaimer: results are estimates for information only. They are not financial, medical or professional advice.