Retirement Savings Calculator
Retirement Savings Calculator
Your retirement savings grow based on how much you save each month, how long you save, and the rate of return on your investments. This calculator illustrates how your savings increase over time through monthly compounding.
The Compounding Effect
Inflation reduces the value of money, but compounding helps your savings grow faster. When you reinvest earnings—such as interest, dividends, or capital gains—those returns also begin earning more, accelerating growth. Over time, automatic reinvestment can significantly increase your retirement balance.
Using the Calculator
The calculator estimates how your savings may grow based on the inputs you provide:
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Starting Amount: Enter your initial lump sum or current account balance (use zero if starting fresh).
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Monthly Salary & Contributions: Set your salary and select the percentage contributed by you and your employer.
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Rate of Return: Choose an annual return rate to see the effect of compounding on your savings.
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Years to Save: Adjust this slider to see how long-term saving impacts your potential retirement value.
Small adjustments to contribution rate, return, or saving period can make a significant difference to your final retirement pot.