Plan your retirement in two steps
The calculator first grows your current savings and monthly contributions until your retirement age. Then it estimates the monthly income that balance could provide over the number of years you expect to be retired, while the remaining money keeps earning the return you choose.
Why inflation matters
A large number in the future buys less than the same number today. That is why the calculator also shows both the balance and the income in today's money, which is much easier to judge. If you want an income of 2,000 per month in today's prices, compare it with the "today's money" result.
Ways to improve the result
- Start earlier: each extra year of contributions compounds for decades.
- Increase your contribution when your income rises.
- Take advantage of employer matching or tax-advantaged retirement accounts available in your country.
- Keep investment costs low.
- Consider working a little longer; it adds contributions and shortens retirement.
This is an educational projection, not a prediction. Real returns vary, and it ignores taxes, state pensions and changing spending needs. A financial adviser can give personalised advice.
Frequently asked questions
What return should I assume?
Use a cautious long-term estimate. Lower assumptions give a safer plan.
Are pensions or social security included?
No. Add any expected public pension on top of the calculated income.
How long should retirement last?
Many people plan for 25 to 30 years, but your health and family history may suggest more.