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Savings calculator
Project a retirement balance from current savings, monthly contributions, time to retirement, and return assumptions, then estimate a level monthly income over a chosen payout period.
How to read these results
These values are calculated from your current inputs. Check the input units and this calculator’s stated assumptions or included scope alongside the results.
Primary result: Estimated monthly income
Supporting value: Projected retirement balance
Use the result for your next decision
Compare the primary result with your target or another option, then change only the conditions you want to test and recalculate. Before acting, also check the calculator-specific guidance and applicable conditions.
Keep up to three calculated result snapshots only for this page session and compare them with the current result. Inputs, URLs, and browser storage are not used.
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This is a simplified planning model with constant returns, end-of-month contributions, and level withdrawals during retirement. It does not include product-specific taxes, fees, guarantees, inflation, or market volatility.
During accumulation, the entered annual return is converted to a monthly rate, applied to the balance, and the monthly contribution is added. The projected retirement balance is then converted into a level monthly payout over the selected period using the retirement return assumption.
This does not calculate an actual payment from a specific pension product or public pension system. Real income depends on product rules, taxes, fees, changing returns, contribution timing, and withdrawal structure.