Use our free Retirement Saving or Retirement Fund or a Pension fund Calculator to estimate how much you need to retire comfortably. Factor in current savings, monthly contributions, growth rate, and retirement age.
Estimated Retirement Savings
Steps to Use the Retirement Savings Calculator
Enter your current age and desired retirement age.
Input your current savings balance.
Add the monthly contribution you plan to make.
Enter the expected annual return (%) and inflation rate (%).
Click Calculate to see your estimated retirement savings (both nominal and inflation-adjusted).
Future Value of Retirement Savings:
FV = (Current Savings × (1 + r)n) + (Monthly Contribution × ((1 + r)n - 1) / r)
Adjusted Value = FV ÷ (1 + i)t
where:
r = monthly rate of return
n = total months until retirement
i = inflation rate
t = years until retirement
A retirement calculator helps you estimate how much you need to save to maintain your lifestyle after retirement.
A common assumption is 6–8% for stock-heavy portfolios and 3–5% for conservative ones.
Yes, inflation reduces the purchasing power of your savings over time, making it essential to plan realistically.
You should review your savings at least once a year or when major life/financial changes happen.
No. It’s an estimation tool. For personalized planning, consult a certified financial planner.
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