Retirement Calculator
Estimate your retirement savings and future income. Enter your details to plan for a secure retirement.
Enter Your Details
Your Retirement Projection
$0.00
Years to retirement: 35
Estimated Retirement Savings: $0.00
Understanding Retirement Planning
How Savings Grow
Retirement savings grow through regular contributions and compounding investment returns. This calculator estimates your future balance based on your inputs.
Key Considerations
- Start saving early to maximize compounding.
- Increase contributions as income grows.
- Diversify investments for risk management.
Key Formula
Future Value:
FV = PV × (1 + r)n + PMT × [((1 + r)n - 1) / r]
Years to Retirement:
n = Retirement Age - Current Age