Retirement Savings Calculator
Find out how much money you can accumulate with periodic contributions until retirement
NOTE: These calculators are for illustrative purposes only and will provide estimated results. Exact results will depend on personal tax situations and other factors. To obtain exact results consult a professional.
|Assumptions / Facts:
The interest is compounded at the same frequency as the investment. I.e. If the investor makes monthly contributions then interest will be compounded monthly.
- The contributions and interest are applied at the end of the period. I.e. For monthly contributions the interest will be applied at the end of the month.
- Contributions are made through to the end of the last year.
- The Interest rate entered is the nominal rate for the year. Ex. A nominal rate of 12%, compounded monthly, gives an effective rate of 12.68% per year.