RET

Retirement Calculator

What your savings could reach by retirement, and the monthly income they could pay until the age you plan for.

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Result…

years
years
years

How long the savings should last.

$
$
% / yr
% / yr
% / yr

To show the income in today's money.

 

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How it's calculated

At retirement: S = savings × (1 + i)^m + C × ((1 + i)^m − 1) ÷ i
Monthly income: W = S × j ÷ (1 − (1 + j)^−n)
Today's money: W ÷ (1 + inflation)^years to retirement

Grows your savings and monthly contributions to your retirement age, then spreads the pot as a level monthly income that runs out at the age you plan for. The income stays the same in money terms, so inflation erodes it over time. Rates are your assumptions.

Your numbers, step by step

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