Retirement Savings Calculator
Project how much your retirement savings will grow from your current balance, monthly contributions, expected return, and time horizon. Free and accurate.
- Future value
- 462400.27
- Total contributed
- 170000
- Growth
- 292400.27
How to use
- Enter your current savings balance.
- Enter your monthly contribution, expected annual return, and number of years.
- Read the projected future value, total contributed, and investment growth.
Examples
- $50,000 + $500/mo at 7% / 20 yr:
future value $462,400.27 - Growth share:
$292,400.27 of the balance comes from returns
FAQ
- How is the future value calculated?
- Your starting balance compounds monthly while each monthly contribution earns returns from the month it is added, using a monthly rate of annual ÷ 12 ÷ 100.
- What is total contributed?
- Your starting savings plus every monthly contribution over the full term — the money you put in, before any growth.
- What does growth represent?
- The future value minus everything you contributed — the investment returns earned on your savings over time.