You can use this retirement fund balance calculator to figure out how much money you will have in a retirement fund, given a fixed annual contribution. The calculator uses an estimate of your years to retirement and expected annual return on the fund as inputs.
Calculator Definitions
The variables used in our online calculator are defined in detail below, including how to interpret the results.
If you currently have a retirement fund, enter that amount here. If you have not started a fund, you can simply enter zero.
Annual Contribution to Retirement Fund ($)
This is how much you'd like to contribute to a retirement fund each year. By increasing or decreasing your annual contribution, you can see the impact on your fund balance at retirement.
Expected Annual Return on Fund (%)
This is the annual rate of return you expect to realize on this fund between now and your expected retirement age.
Fund Balance at Retirement ($)
This is the expected fund balance you will have at retirement if you make the annual contributions to the fund each year.
Disclaimer: These online calculators are made available and meant to be used as a screening tool for the investor. The accuracy of these calculations is not guaranteed nor is its applicability to your individual circumstances. You should always obtain personal advice from qualified professionals.
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