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🏖️ Retirement Savings

Project retirement savings with monthly contributions and return rates over time.

Retirement Calculator

Estimate how much your savings will grow over time with monthly contributions and compound interest.

Projected balance: £691,150

How to use this tool

  1. Enter your current retirement savings and how much you add each month.
  2. Adjust the years and expected annual return to match your plan.
  3. Review the projected balance and export the numbers for your financial roadmap.

Planning insights

  • See how bumping contributions or extending the timeline compounds growth.
  • Use conservative return rates when budgeting to avoid overestimating balances.
  • Recalculate annually as income, expenses, or market assumptions change.

Next steps

  • Pair the projection with a detailed retirement budget to set a target nest egg.
  • Automate contributions via payroll or bank transfers to stay consistent.
  • Consult a financial advisor to factor in taxes, inflation, and risk tolerance.

FAQ

Are returns adjusted for inflation?
No. Enter a rate that already accounts for inflation if you want real (inflation-adjusted) projections.
Can I model employer matches?
Yes. Add expected match amounts to the monthly contribution field for a combined total.
Why use monthly compounding?
Monthly contributions are typical for paycheque savings and provide a more precise compound interest estimate.

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