Retirement Planner

Project the nest egg you will have when you retire.

Formula & Methodology

Future value combines compound growth of current savings (P(1+r)^t) with the future value of monthly contributions: PMT × [((1+r)^n − 1) / r].

Worked Example

$50,000 saved plus $500/month at 7% for 30 years projects to roughly $822,000.

Frequently Asked Questions

What return rate should I assume?

A diversified stock-and-bond portfolio historically averages about 6–7% after inflation. Use a conservative figure for planning so you do not under-save.

Does this account for inflation?

Use an inflation-adjusted return rate to see real (today's) dollars, or a nominal rate to see future dollars. The calculator does not adjust automatically.

How do monthly contributions affect the result?

Regular contributions compound from the moment they are invested and often outweigh the starting balance over long horizons.

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