Simple Retirement Savings Calculator
This simple retirement calculator figures out how long until you reach your savings goal based on three factors: the amount of existing savings, the amount you add to your savings each month, and your expected annual interest rate. This calculator solves for time to reach your retirement savings goal while leaving dollars saved each month fixed.
If you would prefer to solve for how much money you need to save each month then try the Retirement Investment Calculator. Each calculator shows you a different way to reach your retirement savings goals while keeping the math simple.
Note that this calculator is based on monthly compounding.