--- title: "Retirement Savings Projection Calculator | Bond Meadow" description: "Project retirement savings by age from what you have, what you add and your own return and inflation assumptions, in future and today's money." url: https://bondmeadow.bond/ --- An almanac for later life # Retirement savings projection How could today's savings and a steady monthly contribution grow by the age you plan to retire? See the answer in future money and in today's money, under the return and inflation you choose. ## The outlook At 67, your savings could be about **$897,597**, which is about **$407,303** in today's money. ### Balance by age - Balance (future money) - In today's money Point at the chart, or focus it and use the arrow keys, to read any age. **Age by age** | Age | Paid in | Balance | In today's money | | --- | --- | --- | --- | | 35 | $40,000 | $40,000 | $40,000 | | 36 | $47,200 | $49,364 | $48,160 | | 37 | $54,544 | $59,343 | $56,483 | | 38 | $62,035 | $69,971 | $64,975 | | 39 | $69,676 | $81,283 | $73,639 | | 40 | $77,469 | $93,318 | $82,480 | | 41 | $85,418 | $106,114 | $91,502 | | 42 | $93,527 | $119,712 | $100,710 | | 43 | $101,797 | $134,156 | $110,108 | | 44 | $110,233 | $149,492 | $119,702 | | 45 | $118,838 | $165,766 | $129,496 | | 46 | $127,615 | $183,031 | $139,496 | | 47 | $136,567 | $201,338 | $149,706 | | 48 | $145,698 | $220,744 | $160,132 | | 49 | $155,012 | $241,306 | $170,779 | | 50 | $164,513 | $263,088 | $181,653 | | 51 | $174,203 | $286,153 | $192,760 | | 52 | $184,087 | $310,569 | $204,104 | | 53 | $194,169 | $336,408 | $215,693 | | 54 | $204,452 | $363,745 | $227,533 | | 55 | $214,941 | $392,660 | $239,629 | | 56 | $225,640 | $423,235 | $251,988 | | 57 | $236,553 | $455,557 | $264,617 | | 58 | $247,684 | $489,719 | $277,522 | | 59 | $259,037 | $525,816 | $290,711 | | 60 | $270,618 | $563,951 | $304,190 | | 61 | $282,431 | $604,229 | $317,966 | | 62 | $294,479 | $646,763 | $332,048 | | 63 | $306,769 | $691,670 | $346,442 | | 64 | $319,304 | $739,073 | $361,157 | | 65 | $332,090 | $789,104 | $376,199 | | 66 | $345,132 | $841,897 | $391,579 | | 67 | $358,435 | $897,597 | $407,303 | ## Reading the projection The calculator adds your monthly contribution at the end of each month and grows the balance at the monthly equivalent of the yearly return you enter. If you choose a yearly rise, the contribution goes up by that percentage every year, as it might with pay rises. **Future money** is the balance as it would appear on a statement. **Today's money** divides it by (1 + inflation) for every year that passes, so you can compare it with prices now. Over 30 years at 2.5% inflation, prices roughly double, which is why the two lines drift apart. Today's money = future balance ÷ (1 + inflation)years **Worked example:** a 35-year-old with $40,000 saved who adds $600 a month, rising 2% a year, and assumes a 5% return with 2.5% inflation, would reach about $897,597 by 67, or about $407,303 in today's money. The last figure in the summary shows what each 1% withdrawn per year would give in today's money; it does not suggest any particular withdrawal rate. The projection ignores taxes, fees and the ups and downs of real markets, and it assumes the same return every year. Treat it as a way to compare assumptions, and change the return to see how much the result depends on it. ## Sources 1. U.S. Securities and Exchange Commission, Investor.gov [Compound Interest Calculator](https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator). 2. U.S. Bureau of Labor Statistics, [Consumer Price Index](https://www.bls.gov/cpi/): the usual measure of US inflation, for choosing your own inflation assumption. ## Other paths through the meadow Four more calculators about the years after work, each showing its working. - [FIRE number](https://bondmeadow.bond/fire-number-calculator/): Your yearly spending divided by a withdrawal rate you choose, and how close your savings are. - [Withdrawal rate explorer](https://bondmeadow.bond/safe-withdrawal-rate/): How long a portfolio lasts at rates from 3% to 7%, and why the order of returns matters. - [Years to retirement](https://bondmeadow.bond/years-to-retirement/): The years until work becomes optional, worked out from your savings rate. - [Coast FIRE](https://bondmeadow.bond/coast-fire-calculator/): The point where today's savings, left alone, could grow to your target by retirement. ## Recommended Two free services for the online side of planning ahead. Disposable email · no sign-up ### CleanTempMail Retirement calculators, webinars and "free FIRE guide" downloads often ask for an email address first. CleanTempMail gives you a free temporary inbox straight away, with no sign-up, a random or custom address on hundreds of domains, and messages deleted automatically after 3 days. Your real inbox stays for the statements you need. [Open a temporary inbox](https://cleantempmail.com/) Disposable cloud browser · domain lookups ### WebTraceCheck Got a message about a pension "review" or a retirement investment from a site you have never heard of? WebTraceCheck's free DNS and domain lookup shows the details behind its domain, and its disposable cloud browser opens unfamiliar links on an isolated desktop that is deleted after each session. Nothing to install, with free time every day. [Check a link with WebTraceCheck](https://webtracecheck.com/) ## Questions **What return should I enter?** Your own assumption. This site makes no forecast: the 5% filled in is only an example. Many people try a cautious, a middle and a hopeful figure and compare the three, because over decades a single percentage point changes the result a great deal. **Why show today's money?** A million in 30 years will buy far less than a million today. Dividing by inflation turns the future figure into what it would be worth at today's prices, which is easier to compare with your current spending. **Are taxes and fees included?** No. Depending on the account, contributions, growth or withdrawals may be taxed, and funds charge fees. Lowering the return you enter is a simple way to allow for fees. **Is anything I enter stored?** No. The figures stay on this page and are never sent anywhere. Only your currency choice and light or dark theme are remembered, in this browser's local storage.