Retirement

Retirement Calculator

Project your total retirement savings from your current balance, monthly contributions and expected return over the years until you retire.

  • Free
  • No sign-up
  • Updated for 2026

Your retirement savings

$
$

across all accounts

%
yr

Enter your balance, monthly amount, return and years to project the total.

Worked example

With these example inputs:

  • Current savings$50,000
  • Monthly contribution$1,000
  • Expected annual return6%
  • Years to retirement25 yr

Savings at retirement: $916,242

  • Starting amount$50,000
  • Total contributions$300,000
  • Total interest$566,242
  • Total growth161.8%

Add this calculator to your site

Free to embed. Copy the snippet below, it drops the live calculator straight into any page.

What a retirement pot reaches in twenty-five years

Retirement saving is the clearest case of compounding, because the horizon is long enough for growth to outweigh contributions. This calculator shows where that crossover happens on your numbers.

The figure it produces is a balance at retirement, not an income. Turning one into the other is a separate calculation with its own assumptions about how long the money must last.

The formula behind the number

Two things grow at once: the sum already invested, and each new contribution from the moment it arrives. Together they give:

balance = P(1 + i)^n + M × [(1 + i)^n − 1] / i

Here P is the opening balance, M the monthly contribution, i the monthly return and n the number of months. The second term is why contributions made early matter more than contributions made late: each one is multiplied by growth for every month it remains invested.

Worked example: $50,000 plus $1,000 a month for 25 years

The calculator opens on a starting balance of $50,000 plus $1,000 every month, at 6% a year for 25 years.

  • Total paid in: $350,000
  • Ending balance: $916,242
  • Growth: $566,242, which is 162% of what you contributed

Growth exceeds contributions well before the end. That is the whole argument for starting early rather than saving harder later.

Why the second half does the heavy lifting

At the halfway point, after 12 years, the balance is $328,262 — around 36% of the final figure, not half of it.

YearPaid inGrowthBalance
5$110,000$27,213$137,213
10$170,000$84,849$254,849
15$230,000$183,523$413,523
20$290,000$337,551$627,551
25$350,000$566,242$916,242

The balance roughly doubles in the final third of the term without any increase in what you pay in. Nothing changes except the size of the base being compounded.

What starting late costs

Delay by 5 years and, contributing at the same rate, you end with $627,551 instead of $916,242. That is $288,691 less for $60,000 of skipped contributions — the gap is the growth those early payments would have earned.

How sensitive is this to the return

The rate is an assumption, not a fact, so it is worth seeing the range. Two points higher gives $1,318,035; two points lower gives $649,818. This is why a fee of one percent a year matters so much over decades: it comes straight off the return in this table.

What this calculator leaves out

Inflation, tax on gains, platform and fund fees, and any employer contribution. A 6% nominal return with 2% inflation is closer to 4% in purchasing power, which changes the ending figure substantially.

Turning the pot into an income

A balance is not a pension. The common rule of thumb withdraws 4% of the pot in the first year and adjusts that amount for inflation afterwards, which on $916,000 is about $36,600 a year, or $3,050 a month before tax.

Whether that is enough depends on what you spend, not on what you saved. Work backwards from your expected outgoings and the required pot usually looks different from the one you had in mind.

Related calculators

Frequently asked questions

What should I include in current savings?

Add the balances of all retirement accounts you are projecting together, for example a 401(k), an IRA and a brokerage account, to see the combined total.

How much will I need?

A common guide is to aim for savings worth many times your annual spending, but the right number depends on your costs, other income and how long retirement lasts.

How much of my income should I save?

A common rule of thumb is ten to fifteen percent of income, but the right figure depends on when you start and your target retirement income. Use the tool to test your own numbers.

What rate of return should I assume?

Use a conservative long-run figure rather than recent highs, and stress-test the plan with a lower rate. Markets rise and fall, so cautious assumptions are safer.

Does this include inflation and taxes?

The projection is a gross, nominal figure. For a realistic picture, adjust for inflation and remember that withdrawals may be taxed.