Free CalculatorWiser tool

Retirement Savings Calculator

Project retirement savings from current balance and monthly contributions.

How to use the Retirement Savings Calculator

Project retirement savings from current balance and monthly contributions.

Step-by-step instructions

  1. Enter or select Current retirement savings.
  2. Enter or select Monthly contribution.
  3. Enter or select Annual return (%).
  4. Enter or select Years to invest.
  5. Tap Calculate.
  6. Review the result shown directly below the calculator.

What the inputs mean

Current retirement savings
Enter the value requested by this field label.
Monthly contribution
Enter the value requested by this field label.
Annual return (%)
Enter the percentage value requested by the calculator.
Years to invest
Enter the value requested by this field label.

Formula or calculation method

The calculator applies the standard mathematical relationship for the labeled inputs and returns the computed result automatically.

Example

Try entering realistic values for Current retirement savings and Monthly contribution, then tap Calculate to see how the result changes.

How to understand the result

Use the result as an estimate based on the values you entered. For planning decisions, double-check that the input units and assumptions match your real situation.

Tip: Keep all values in compatible units and use values from the same time period when the calculator compares two amounts.