This calculator projects how much your savings and monthly contributions could grow to by the time you retire, based on an expected annual rate of return.
Use it to see if you're on track, whatever retirement account you're using.
Estimate Your Retirement Corpus
Disclaimer : Enter numbers in your local currency — the calculation works the same regardless of currency.
Corpus = Current Savings × (1+r)^n + Monthly Contribution × [((1+r)^n − 1) ÷ r] × (1+r)
Where r = Monthly Rate of Return, n = Number of Months to Retirement
If Current Age = 30, Retirement Age = 60, Monthly Contribution = 500, Return = 8%
Retirement Corpus ≈ 745,180