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%).
Step-by-step walkthrough
Retirement Calculator Guide
Use this companion guide beside the interactive calculator to make sure you understand the “why” behind every click. Each section includes the classroom explanation, student-friendly language, and quick practice prompts.
Before you start
Collect the data points listed below and double-check their units. Keeping an organized “givens” list is one of the fastest ways to reduce math errors and impress exam graders.
- retirement
- nest egg
- future value
Detailed procedure
Step 1
Enter your current age and target retirement age to set the timeline.
Step 2
Provide current savings, planned monthly contribution, and choose a risk profile.
Step 3
Review the projection for total contributions, investment growth, and the estimated nest egg.
Teaching & troubleshooting tips
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.