Calculator

Retirement Planning Calculator

Project your savings at retirement in both nominal dollars and today's purchasing power.

← Read the Retirement Planning concept page

Current age

Retirement age

Current savings

Monthly contribution

Expected annual return

Assumed inflation rate

Savings at retirement (today's purchasing power)

$401,814.36

Nominal savings at retirement

$1,130,650.34

Years to retirement

Total you'll contribute

$230,000.00

Growth from returns

$900,650.34

How the math works

Over 35 years, your $20,000.00 starting balance plus $500.00 a month at 7% grows to $1,130,650.34 in nominal dollars. But at 3% inflation over that same stretch, that amount only buys as much as $401,814.36 would today — the nominal figure alone overstates how much retirement spending this actually supports.

Try lowering the current age (or raising the retirement age) to see how much a few extra years of compounding changes the result — often far more than raising the monthly contribution by the same proportion.