Does this include inflation?

No. The result is in today's dollars if you use a real (inflation-adjusted) return. For nominal growth use a higher rate and remember future value will buy less.

What rate should I use?

Use a long-term average return for your asset mix (e.g. 5-7% real for a balanced portfolio). Past returns do not guarantee future results.

Retirement Calculator

Estimate retirement savings growth, target balances, or time to goal with a few simple inputs. Results are directional and meant for planning, not guarantees.

Retirement planner

Mode

Current balance

Monthly contribution

Expected annual return (%)

Years until retirement

Choose a mode and enter values.

How it works

Growth mode

Combines growth on your current balance and on monthly contributions, compounded monthly at the expected return.

FV = P × (1 + r/12)^(12n) + PMT × [ (1 + r/12)^(12n) − 1 ] ÷ (r/12)

Nest egg mode

Approximate portfolio = annual spending ÷ (withdrawal rate as a decimal). Example: $60,000 spending at 4% implies about $1.5M.

Years-to-target mode

Uses the same future-value math as growth mode and binary-searches the number of years until the balance reaches your target (monthly compounding).

Age milestones mode

Interpolates between common age checkpoints (for example roughly 1× salary by 30 up to about 10× by late 60s) to suggest a rule-of-thumb savings target for your age, then compares what you entered.

Example (growth)

$50,000 saved, $500/month, 7% annual return, 20 years: future value is on the order of half a million dollars.

Use this tool for

Projecting how savings may grow over time
Testing contribution changes against a retirement goal
Getting a rough target before deeper planning

Common questions

Does this include inflation? No. The result is in today's dollars if you use a real (inflation-adjusted) return. For nominal growth use a higher rate and remember future value will buy less.
What rate should I use? Use a long-term average return for your asset mix (for example 5–7% real for a balanced portfolio). Past returns do not guarantee future results.