Estimate retirement savings from current savings, monthly contributions, return, and time.
Inputs
Amount already saved
Amount added each month
Assumed annual growth rate
Time until retirement
Results
Estimated retirement balance
€232,643.24
Total contributions
€130,000.00
Investment growth
€102,643.24
Overview
Estimate a future retirement balance using compound monthly growth and end-of-month contributions.
Formula
FV = P(1+i)^m + PMT × ((1+i)^m − 1) ÷ i
Methodology
The calculator assumes a constant annual return converted to a monthly rate and contributions at the end of each month.
This scenario uses a constant return and contribution pattern. It is not a retirement recommendation and does not model taxes, fees, inflation, withdrawal strategy, pensions, Social Security, sequence-of-returns risk, or changing market returns.