Retirement Calculator

A retirement calculator is a tool you can use to model the future value of retirement savings. It can be used to find out how much you will need to save annually to reach a certain goal or how much a given savings rate will amount to by the time you retire.

A good retirement calculator should include variables such as annual savings, inflation rate, investment earnings and time till retirement. Retirement calculators are useful, but they are based on assumptions that may differ from reality. So, retirement calculations should be updated regularly to keep your savings on track.