Visualize your future and take control of your retirement planning. This tool projects how your initial savings and consistent monthly contributions will grow over time through compound interest.
Experiment with different retirement ages and return assumptions to see what it takes to hit your financial goals. The best time to start planning was yesterday; the second best time is today.
Visit our Retirement Calculators hub for more wealth-building tools.
Estimate how much you need to save for a comfortable retirement.
This calculator projects your future nest egg by applying the power of compound interest to your current savings and future monthly contributions.
See how a $500 monthly contribution grows over a 35-year career:
*Of this total, approximately $662,000 comes from compound interest alone!
Compound interest is often called the 'eighth wonder of the world.' If you start saving $500 a month at age 25, you could retire with significantly more than if you start at age 35, even if you save more per month later. Time is your greatest asset in retirement planning.
Retirement planning has many moving parts. Use these related tools to dive deeper into specific accounts and strategies: