Retirement Calculator

Enter your age, savings, and monthly contribution to see what your retirement balance could become, shown both in future dollars and in today’s purchasing power.

Entered as a percent (e.g. 7 = 7%).
Advanced options
Used for the "today’s dollars" figure.
Raise your contribution each year, e.g. with pay rises.
Projected balance at retirement $1,625,795.87
In today’s dollars $669,806.37
Total contributed $360,000.00
Investment growth $1,215,795.87
YearStartContributionsGrowthEnd
1$50,000$12,000$4,007$66,007
2$66,007$12,000$5,164$83,171
3$83,171$12,000$6,405$101,576
4$101,576$12,000$7,736$121,312
5$121,312$12,000$9,162$142,474
6$142,474$12,000$10,692$165,166
7$165,166$12,000$12,332$189,499
8$189,499$12,000$14,091$215,590
9$215,590$12,000$15,978$243,568
10$243,568$12,000$18,000$273,568
11$273,568$12,000$20,169$305,737
12$305,737$12,000$22,494$340,231
13$340,231$12,000$24,988$377,219
14$377,219$12,000$27,662$416,881
15$416,881$12,000$30,529$459,410
16$459,410$12,000$33,603$505,013
17$505,013$12,000$36,900$553,913
18$553,913$12,000$40,435$606,348
19$606,348$12,000$44,226$662,574
20$662,574$12,000$48,290$722,864
21$722,864$12,000$52,648$787,512
22$787,512$12,000$57,322$856,834
23$856,834$12,000$62,333$931,167
24$931,167$12,000$67,707$1,010,874
25$1,010,874$12,000$73,469$1,096,343
26$1,096,343$12,000$79,647$1,187,990
27$1,187,990$12,000$86,272$1,286,262
28$1,286,262$12,000$93,377$1,391,639
29$1,391,639$12,000$100,994$1,504,633
30$1,504,633$12,000$109,163$1,625,796

How it's calculated

Each month your balance earns one twelfth of the annual return, then your contribution is added. Growth compounds on the new balance the next month. The today’s-dollars figure divides the final balance by inflation compounded over the same period, so you can judge its real spending power.

Assumptions

Last updated: 2026-08-07

These assumptions follow our general methodology.

Frequently asked questions

Why monthly compounding instead of annual?

Most retirement accounts credit growth more often than once a year, so monthly compounding is a closer match. It is stated as an assumption on every page.

What return should I use?

A diversified stock-heavy portfolio has historically averaged around 7% after inflation over long periods, but past performance does not predict the future. Try a range.

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