Retirement Calculators
Retirement Savings Calculator
See what your combined retirement savings are projected to reach and how much each additional contribution adds.
Projected balance at retirement
$1,310,191
- Total contributed
- $369,000
- Investment growth
- $941,191
How this calculator works
Balance grows monthly: balance × (1 + r) + contributions
- r
- the monthly return derived from the annual figure
- contributions
- your payments plus any employer contribution
Example calculation
Illustrative example — not advice
Worked example — the retirement savings calculator as it loads, using the default figures below.
- 01Enter current age: 35.
- 02Enter retirement age: 65.
- 03Enter current balance: $45,000.
- 04Enter total monthly saving: $900.
- 05Enter expected annual return: 6.5%.
- 06Read the projected balance at retirement from the results panel: $1,310,191.
Projected balance at retirement: $1,310,191. Total contributed: $369,000. Investment growth: $941,191.
These figures come straight from the calculator above running on the values listed, so you can retype them and confirm every number yourself. Change any input and the results update immediately. Illustrative only — not a quote, offer or recommendation.
Important considerations
- Annual contribution limits and tax rules apply and change over time.
- Returns are assumed constant; real outcomes vary year to year.
Related calculators
- Retirement CalculatorProject your retirement balance and the income it could sustain.
- 401(k) CalculatorWorkplace plan balance including employer contributions.
- Coast FIRE CalculatorThe balance that reaches your target with no further saving.
- Retirement Income CalculatorSustainable income and how long the pot lasts.
- IRA CalculatorTraditional IRA balance at retirement.
- Roth IRA CalculatorRoth IRA balance from after-tax contributions.
Terms used here
Frequently asked questions
How much should I be saving?
Rules of thumb start around 15% of gross income including any employer contribution, adjusted for when you started.
Disclaimer
Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.
Last reviewed 2026-08-01