Estimate how much you need to save each month to reach your retirement goal. Uses monthly compounding. Optionally treat your goal as “today’s money” (adjusted with inflation).
Required Monthly Saving
—
in nominal currency
Projected Final Balance
—
— (real)
Total Contributions
—
incl. current + required monthly
Year
Start Balance
Contrib (year)
Interest
End Balance
End Balance (real)
“Real” value = Nominal ÷ (1 + Inflation)year. Goal in today’s money is first inflated to the retirement year, then solved.
