Retirement Savings Calculator

Calculate how much you need to save for retirement.

How to Do It Manually

Retirement savings are calculated using the compound interest formula, projecting how much you'll have saved by retirement based on contributions and investment returns.

Future Value = P(1+r)ⁿ + [PMT × ((1+r)ⁿ − 1) / r]
  1. Enter current retirement savings.
  2. Enter annual contribution and expected annual return rate.
  3. Choose retirement age and current age.
  4. Calculate years until retirement.
  5. Apply the compound interest formula.

Frequently Asked Questions

How much should I save for retirement?

A common goal is 25× your annual spending, or save 15–20% of income starting in your 20s.

What's a reasonable investment return?

Historical stock market average: 10% before inflation, 7% after. Conservative bonds: 3–4%.