Retirement Calculator — calculate future value of retirement fund
This calculator easily answers the question "Given the value of my current investments and assuming future monthly investments of "X", what will be the value of my retirement nest egg?
The user enters their "Current Age", their exprected "Retirement Age", the "Monthly Amount Invested", and the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn).
The calculator quickly calculates the expected final value of their investments and creates an investment schedule plus a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
If you need a more advanced "Retirement Calculator" — one that calculates many more unknowns and one that calculates assuming retirement income and not a final lump sum then try the calculator located here: https:/financial-calculators.com/retirement-calculator
This calculator is designed to be an informational and educational tool only, and when used alone, does not constitute investment advice. The results presented by this calculator are hypothetical and may not reflect the actual growth of your own investments. We strongly recommend that you seek the advice of a financial services professional before making any type of investment. We also encourage you to review your investment strategy periodically as your financial circumstances change. WFA is not responsible for any human or mechanical errors or omissions and is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools.