Retirement Savings Projection Calculator
Enter your current savings, monthly contribution and expected annual return to project your account balance at retirement.
Retirement Savings Projection Calculator
Projects your retirement account balance from current savings plus ongoing monthly contributions and an assumed return.
This calculator combines two standard compound-growth components: your existing balance growing at the assumed rate, plus a future-value-of-an-ordinary-annuity calculation for your regular monthly contributions. Both pieces are compounded monthly at your assumed annual return and added together to project your balance at the end of the period. It's a simplified planning tool — real markets don't return a smooth constant rate every year — but it's useful for stress-testing different contribution amounts or return assumptions.
Example
- With the default values shown above, this calculator returns: Projected Balance ≈ $519544.
Frequently Asked Questions
Does this account for inflation?
No — this projects nominal future dollars at the assumed rate of return; if you want a 'real' (inflation-adjusted) projection, use an expected return net of inflation instead.
Are contributions assumed to happen every month without gaps?
Yes, the model assumes a constant monthly contribution invested at a constant monthly-compounded rate for the full period — real returns will vary year to year.
Sources
- Standard formula, publicly documented method