Retirement Savings Calculator
Are you on track for retirement? Project your savings growth and see how much you could have.
Projected Nest Egg at 65
$1,421,309.83
Estimated Monthly Income
$4,737.70
Savings Growth Over Time
Understanding Your Retirement Projection
This calculator helps you visualize your path to retirement. The Projected Nest Egg is the total amount you could have saved by your chosen retirement age. The Estimated Monthly Income is what that nest egg could generate for you to live on, based on the 4% withdrawal rule—a common financial planning guideline.
The key factors driving your growth are:
- Regular Contributions: Consistently adding to your savings is the most reliable way to build wealth.
- Time: The longer your money is invested, the more time it has for compound interest to work its magic.
- Rate of Return: A higher average annual return will significantly accelerate your portfolio's growth.
Use the Yearly Growth Details table to see exactly how your contributions and interest earnings build upon each other year after year.
Yearly Growth Details
| Age | Starting Balance | Contributions | Interest Earned | Ending Balance |
|---|---|---|---|---|
| 31 | $50,000.00 | $6,000.00 | $3,920.00 | $59,920.00 |
| 32 | $59,920.00 | $6,000.00 | $4,614.40 | $70,534.40 |
| 33 | $70,534.40 | $6,000.00 | $5,357.41 | $81,891.81 |
| 34 | $81,891.81 | $6,000.00 | $6,152.43 | $94,044.23 |
| 35 | $94,044.23 | $6,000.00 | $7,003.10 | $107,047.33 |
| 36 | $107,047.33 | $6,000.00 | $7,913.31 | $120,960.64 |
| 37 | $120,960.64 | $6,000.00 | $8,887.25 | $135,847.89 |
| 38 | $135,847.89 | $6,000.00 | $9,929.35 | $151,777.24 |
| 39 | $151,777.24 | $6,000.00 | $11,044.41 | $168,821.65 |
| 40 | $168,821.65 | $6,000.00 | $12,237.52 | $187,059.16 |
| 41 | $187,059.16 | $6,000.00 | $13,514.14 | $206,573.31 |
| 42 | $206,573.31 | $6,000.00 | $14,880.13 | $227,453.44 |
| 43 | $227,453.44 | $6,000.00 | $16,341.74 | $249,795.18 |
| 44 | $249,795.18 | $6,000.00 | $17,905.66 | $273,700.84 |
| 45 | $273,700.84 | $6,000.00 | $19,579.06 | $299,279.90 |
| 46 | $299,279.90 | $6,000.00 | $21,369.59 | $326,649.49 |
| 47 | $326,649.49 | $6,000.00 | $23,285.46 | $355,934.96 |
| 48 | $355,934.96 | $6,000.00 | $25,335.45 | $387,270.40 |
| 49 | $387,270.40 | $6,000.00 | $27,528.93 | $420,799.33 |
| 50 | $420,799.33 | $6,000.00 | $29,875.95 | $456,675.28 |
| 51 | $456,675.28 | $6,000.00 | $32,387.27 | $495,062.55 |
| 52 | $495,062.55 | $6,000.00 | $35,074.38 | $536,136.93 |
| 53 | $536,136.93 | $6,000.00 | $37,949.59 | $580,086.52 |
| 54 | $580,086.52 | $6,000.00 | $41,026.06 | $627,112.57 |
| 55 | $627,112.57 | $6,000.00 | $44,317.88 | $677,430.45 |
| 56 | $677,430.45 | $6,000.00 | $47,840.13 | $731,270.59 |
| 57 | $731,270.59 | $6,000.00 | $51,608.94 | $788,879.53 |
| 58 | $788,879.53 | $6,000.00 | $55,641.57 | $850,521.09 |
| 59 | $850,521.09 | $6,000.00 | $59,956.48 | $916,477.57 |
| 60 | $916,477.57 | $6,000.00 | $64,573.43 | $987,051.00 |
| 61 | $987,051.00 | $6,000.00 | $69,513.57 | $1,062,564.57 |
| 62 | $1,062,564.57 | $6,000.00 | $74,799.52 | $1,143,364.09 |
| 63 | $1,143,364.09 | $6,000.00 | $80,455.49 | $1,229,819.58 |
| 64 | $1,229,819.58 | $6,000.00 | $86,507.37 | $1,322,326.95 |
| 65 | $1,322,326.95 | $6,000.00 | $92,982.89 | $1,421,309.83 |