Use this free retirement calculator to project future savings, total contributions, estimated growth, and the gap to a retirement target.
$25,000 plus $500.00/mo for 25 years
This projection does not include taxes, bank fees, APY-vs-rate differences, balance tiers, minimum balances, withdrawals, exact deposit dates, changing rates, or account rules.
Project a retirement savings balance over time.
Compare contribution amounts and estimated returns.
Check the gap between projected balance and a target number.
Use a consistent planning estimate while adjusting assumptions.
Projected retirement balance
Target gap estimate
Different future balances
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Plain-language answers about when to use the estimate, what your numbers mean, what is left out, and how privacy works.
Use it when you want to test the exact inputs on this page: Project a retirement savings balance over time. Compare contribution amounts and estimated returns. The result is a check against your assumptions, not proof that a lender, tax app, broker, platform, or provider will use the same number.
Money tools are picky about labels. Dollar fields should be entered as dollar amounts, rate fields should be entered as percentages like 6.5 instead of 0.065, and term fields should match the page label such as months or years. If a field says monthly, do not enter a yearly total unless the tool specifically asks for it.
In plain language: The calculator compounds current savings and monthly contributions at an estimated annual return, then compares the future value with your target amount. If the result seems too high or too low, first check whether each field expects a monthly amount, annual amount, dollar value, or percent.
Start with the headline number, then use the supporting lines to see why the answer moved. For finance calculators, the extra lines often explain interest, tax, fees, principal, payment timing, or totals paid over time. Those pieces matter because two results can look close at first but cost very different amounts later.
This is a long-term projection, not retirement advice. It does not include taxes, account rules, contribution limits, market volatility, inflation, benefits, or withdrawal planning. Real finance decisions can also depend on fees, timing, local rules, credit details, and provider-specific terms.
Check the rate, time period, compounding or payment frequency, and whether the value is before tax or after tax. A common mistake is mixing monthly and yearly numbers, which can make a finance answer look believable even when it is off by a lot.
No. The calculator runs in your browser tab. Recent answers stay only on the page while you use it, and they are not sent to a server.