HandyBench

Retirement Calculator

Project your nest egg, in today’s and future dollars.

1,130,650
Nest egg at age 65
401,814
Inflation-adjusted (today's dollars)
230,000
Total contributed
900,650
Growth from returns
AgeYearContributedBalance
31126,00027,642
32232,00035,837
33338,00044,624
34444,00054,046
35550,00064,149
36656,00074,983
37762,00086,599
38868,00099,056
39974,000112,413
401080,000126,736
411186,000142,094
421292,000158,562
431398,000176,221
4414104,000195,156
4515110,000215,460
4616116,000237,232
4717122,000260,578
4818128,000285,611
4919134,000312,454
5020140,000341,238
5121146,000372,103
5222152,000405,198
5323158,000440,686
5424164,000478,740
5525170,000519,544
5626176,000563,298
5727182,000610,216
5828188,000660,524
5929194,000714,470
6030200,000772,315
6131206,000834,342
6232212,000900,853
6333218,000972,173
6434224,0001,048,647
6535230,0001,130,650

Assumes a constant monthly-compounded return and contribution — real markets fluctuate year to year. Estimates only, not financial advice.

How to use the Retirement Calculator

  1. 1 Enter your current age and the age you plan to retire.
  2. 2 Enter your current savings and how much you contribute each month.
  3. 3 Set an expected annual return and, optionally, an average inflation rate.
  4. 4 See your projected nest egg — in future dollars and adjusted for inflation — plus a year-by-year growth table.

Examples

  • Starting at 20,000 with 500/month at 7% return for 35 years grows to roughly 1.13 million in future dollars — about 230,000 contributed and 900,000 from growth.

Frequently asked questions

How does this calculator project my savings?

It compounds your current balance and monthly contributions at your expected annual return, applied monthly, for every year until your retirement age — the same approach used by most retirement projection tools.

Why does it show two different totals?

The "nest egg" figure is in future, nominal dollars — the actual account balance you would see on a statement. The inflation-adjusted figure converts that back into today’s purchasing power, which is more useful for judging whether it will actually be enough to live on.

What return rate should I use?

There is no guaranteed answer — a diversified stock-heavy portfolio has historically averaged roughly 7–10% annually before inflation over long periods, but returns vary a lot year to year and past performance doesn’t predict the future. Try a few scenarios (conservative, moderate, optimistic) rather than relying on a single number.

Does this account for Social Security, pensions or taxes?

No — it only projects the account you model here (savings plus contributions plus growth). For a full retirement plan you should also factor in Social Security or pension income, taxes on withdrawals, and healthcare costs.

Is this financial advice?

No. This tool gives a simplified estimate for planning purposes only, not personalized financial, tax or investment advice. Consider speaking with a qualified financial advisor for your specific situation.