This calculator easily answers the question "Given the value of my current investments and assuming future monthly investments of "X", what will be the value of my retirement nest egg?
The user enters their "Current Age", their exprected "Retirement Age", the "Monthly Amount Invested", and the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn).
The calculator quickly calculates the expected final value of their investments and creates an investment schedule plus a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
If you need a more advanced "Retirement Calculator" - one that calculates many more unknowns and one that calculates assuming retirement income and not a final lump sum then try the calculator located here: https:/financial-calculators.com/retirement-calculator
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.