Retirement Calculator

Plan for your retirement with compound growth projections

👤 Retirement Planning

Current Age

Retirement Age

Monthly Savings ($)

Expected Annual Return (%)

📊 Retirement Projection

💡 Quick Examples

💡 Retirement Planning Tips

Start Early

Time is your greatest asset due to compound interest

Employer Match

Always contribute enough to get full company match

Diversify Investments

Don't put all eggs in one basket

Regular Reviews

Adjust contributions as income grows

Tax Advantages

Use 401k, IRA, and Roth accounts strategically

Emergency Fund First

Build 3-6 months expenses before investing

🏖️Formula

FV = PMT × [((1 + r/12)^(n×12) - 1) / (r/12)]

💡How it works

FV = Future Value, PMT = Monthly Payment, r = annual interest rate, n = years until retirement. This calculates how monthly contributions grow over time.