Retirement & Pension Planner
Secure your future by estimating your retirement nest egg. This professional tool calculates projected savings, monthly income, and inflation impacts to help you determine if you are on track for your dream lifestyle.
Your Retirement Projection
How to Use the Retirement & Pension Calculator
Planning for retirement is one of the most significant financial journeys you will undertake. Our calculator is designed to provide a comprehensive look at your financial future by simulating various economic scenarios. To get started, simply enter your current age and the age at which you wish to stop working. The "Expected ROI" field is crucial—historical stock market returns average around 7-10%, but for a conservative estimate, many use 5-6%.
Understanding the Formulas
The core logic uses the compound interest formula with regular contributions. We calculate the future value (FV) of your current balance and the future value of an annuity (your monthly savings). To ensure the result is realistic, we adjust the final sum for inflation, giving you the "Purchasing Power" in today's dollars.
$$FV = P(1 + r)^n + PMT \times \frac{(1 + r)^n - 1}{r}$$The Importance of Early Planning
The power of compounding works best over long durations. Even a small monthly contribution started in your 20s can outperform much larger contributions started in your 40s. Using this tool allows you to visualize the "Gap"—the difference between what you are projected to have and what you actually need to maintain your desired lifestyle.
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