Finance
Retirement Calculator
Project your potential nest egg by combining today’s savings, monthly contributions, and an expected annual return based on risk tolerance.
Project your savings runway with monthly contributions and a risk-adjusted return.
Future value of recurring savings
FV = P(1 + r/12)^{12y} + PMT × [((1 + r/12)^{12y} − 1) ÷ (r/12)]P is your current balance, PMT is the monthly contribution, r is the annual rate tied to the selected risk profile, and y is years until retirement.
How to use
- Enter your current age and target retirement age to set the timeline.
- Provide current savings, planned monthly contribution, and choose a risk profile.
- Review the projection for total contributions, investment growth, and the estimated nest egg.
Example
Input: Current age = 32, Retirement age = 65, Savings = $40,000, Monthly contribution = $600, Risk profile = Balanced (≈7%)
Output: Projected nest egg ≈ $1,326,719.63 with $1,049,119.63 in growth over contributions
FAQ & notes
Can I change the assumed return?
Yes. Switch the risk profile to conservative, balanced, or growth to adjust the underlying annual return assumption (5%, 7%, or 9%).
Does this include taxes or employer matches?
No. The projection is pre-tax and does not account for employer contributions. Add matching funds to the monthly contribution to include them.