Mudget

Retirement Calculator

Plan your retirement and see how your savings can grow over time with compound interest.

Retirement Planning Details

$6,000 per year

Historical stock market average is ~7-10%

Projected Retirement Savings
$1,462,151.278

In 40 years (age 65)

Savings Breakdown
Total Contributions:$250,000
Total Growth:$1,212,151.278
Monthly Goal:$500
Contributions17.1%
Growth82.9%
Savings Growth Over Time

Green line shows total balance including compound growth

Disclaimer: This calculator provides working estimates only. Actual retirement savings and investment returns may vary based on market conditions, contribution limits, fees, and economic factors. Consult with a financial advisor for personalized retirement planning.

Retirement Readiness

Industry Benchmark: Financial advisors recommend having 1x your annual income saved by 30, 3x by 40, 5x by 50, 7x by 60, and 10x by 67.

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