Enter Your Retirement Details
Projection Summary
Savings With Contributions (Nominal): -
Savings Without Contributions (Nominal): -
Additional Savings (Interest Saved): -
Growth Charts
Yearly Projection
Overview & Methodology
This calculator uses compound interest formulas to project your retirement savings. The formula for your savings with contributions is:
S = P × (1 + r/n)^(n×t) + C × [((1 + r/n)^(n×t) - 1) / (r/n)]
where P is your current savings, C is your contribution per period, r is the annual return rate (as a decimal), n is the number of compounding periods per year, and t is the number of years. If inflation is adjusted, real savings are computed by dividing nominal savings by (1 + inflationRate)^t.
Example
For example, with current savings of €20,000, a monthly contribution of €300, an expected return of 5%, and 30 years until retirement, the calculator will project your total savings with contributions versus without contributions and display charts and a yearly projection table.
Frequently Asked Questions
How is the projection calculated?
The tool applies the compound interest formula to both your current savings and your regular contributions to estimate your future savings over time.
What does adjusting for inflation do?
When enabled, the calculator computes “real” savings by adjusting the nominal savings for inflation, providing a more accurate view of your purchasing power in retirement.
Can I change the currency?
Yes. Use the currency dropdown to select your preferred currency; all monetary outputs will reflect your choice.