This calculator easily answers the question "Given the value of my current investments and assuming future
monthly investments of "X", at what age will I reach my retirement goal?"
The user enters their "Current Age", the "Monthly Amount Invested",the "Annual
Interest Rate (ROI)" (annualized Return on Investment one expects to earn) and "Amount Desired At
Retirement".
The calculator quickly calculates the user's retirement age 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
Currency and Date Conventions
All calculators will remember your choice. You may also
change it at any
time.
Clicking
"Save changes" will cause the calculator to reload. Your
edits will be
lost.
