Retirement Projector
Project a retirement balance from savings and contributions.
About Retirement Projector
This projector compounds current savings and monthly contributions at the chosen return until retirement. The result is a projected balance with the invested portion separated from investment growth. Projecting a retirement balance makes the trade-off between monthly savings and retirement timing concrete and motivating.
Formula
Retirement Projector
Projected = P(1+m)^n + PMT x ((1+m)^n - 1)/m
- P
- current savings
- PMT
- monthly contribution
- m
- monthly rate
- n
- months
Worked example
With the default values below, Retirement Projector returns Projected Balance of $977,577.67. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Current savings
- 100,000
- Monthly contribution
- 500
- Annual returnaccepts 0–100 %
- 7 %
- Years to retirementminimum 0
- 25
Results
- Projected Balance
- $977,577.67
- Total Contributed
- $250,000.00
- Projected Growth
- $727,577.67
Step by step
- 1Values used
- 2Retirement Projector
- 3Projected Balance= 977,577.67
- 4Total Contributed= 250,000.00
- 5Projected Growth= 727,577.67
Assumptions and limits
- The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or fees or charges into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is Retirement Projector calculated?
Projected = P(1+m)^n + PMT x ((1+m)^n - 1)/m This projector compounds current savings and monthly contributions at the chosen return until retirement. The result is a projected balance with the invested portion separated from investment growth.
Why does Retirement Projector matter?
Projecting a retirement balance makes the trade-off between monthly savings and retirement timing concrete and motivating.
What values do I need to enter?
This calculator takes 4 inputs: Current savings, Monthly contribution, Annual return, Years to retirement. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.