Retirement Calculator

Plan your retirement savings and income needs

Current Age

Retirement Age

Current Savings ($)

Annual Contribution ($)

Expected Annual Return (%)

Inflation Rate (%)

Result

Enter values and click Calculate to see results.

Financial

View All Financial Calculators →

Written by the EachTools Team

Last updated: January 2026

How Retirement Savings Grow

Retirement calculators project how your savings will grow over time with regular contributions and compound returns, helping you plan for financial independence.

Formula

FV = PMT × [((1+r)^n - 1) / r] + PV × (1+r)^n
Where: FV = future value, PMT = monthly contribution, r = monthly rate, n = months, PV = current savings

Steps

Enter your current age and planned retirement age.
Input your current savings balance.
Enter your expected monthly contribution.
Input your expected annual return rate.
Enter your expected annual income needs in retirement.
See projected savings at retirement and monthly income.

Loading calculator...