Retirement Savings Calculator First New Mexico Bank, Las CrucesRetirement Savings Calculator Your Current Age?: Retirement Age?: Current Savings?: Interest Rate (ROI)?: Retirement Goal?: Monthly Investment: Number: Total Amount Invested: Interest Earned: Est. Final Value: Last Deposit Date: Calc Clear Print Help Schedule Charts ©2023 AccurateCalculators.com $ : mm/dd/yyyy Original Size Retirement Savings Calculator — calculate savings required to reach retirement goal This calculator easily answers the question "Given the value of my current investments how much do I need to save each month to reach my retirement goal?" The user enters their "Current Age", there expected "Retirement Age", the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn) and "Amount Desired At Retirement". The calculator quickly calculates the required monthly investment amount 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://AccurateCalculators.com/retirement-calculator Currency and Date Conventions × Albania (Lek) Lek12,345,678.99 Algeria (Algerian Dinar) DZD12,345,678.99 Argentina (Argentine Peso) $12.345.678,99 Armenia (Armenian Dram) AMD12,345,678.99 Australia (Australian Dollar) $12,345,678.99 Austria (Euro) €12.345.678,99 Azerbaijan (Manat) ₼12,345,678.99 Bahrain (Bahraini Dinar) BHD12,345,678.994 Belarus (Ruble) Br12,345,678.99 Belgium (Euro) 12 345 678,99€ Belgium (Euro) €12.345.678,99 Belize (Belize Dollar) BZ$12,345,678.99 Bolivia (Boliviano) $b12.345.678,99 Bosnia/Herzegovina (Mark) 12.345.678,99KM Brazil (Brazilian Real) R$12.345.678,99 Brunei (Brunei Dollar) $12,345,678.99 Bulgaria (Bulgarian Lev) 12345678,99лв Canada (Canadian Dollar) $12,345,678.99 Canada (Canadian Dollar) 12 345 678,99$ Chile (Chilean Peso) $12.345.679 China (Yuan Renminbi) ¥12,345,678.99 Colombia (Colombian Peso) $12.345.678,99 Costa Rica (Colon) ₡12 345 678,99 Croatia (Kuna) 12.345.678,99kn Czechia (Czech Koruna) 12 345 678,99Kč Denmark (Danish Krone) 12.345.678,99kr Dominican Republic (DR Peso) RD$1,234.99 Ecuador (US Dollar) $12.345.678,99 Egypt (Egyptian Pound) £12,345,678.99 El Salvador (El Salvador Colon) $12,345,678.99 Estonia (Euro) 12 345 678,99€ Faroe Islands (Danish Krone) kr12,345,678.99 Finland (Euro) 12 345 678,99€ France (Euro) 12 345 678,99€ Georgia (Lari) GEL12,345,678.99 Germany (Euro) 12.345.678,99€ Greece (Euro) 12.345.678,99€ Guatemala (Quetzal) Q12,345,678.99 Honduras (Lempira) L12,345,678.99 Hong Kong (HK Dollar) HK$12,345,678.99 Hungary (Forint) 12 345 678,99Ft Iceland (Iceland Krona) kr12,345,679 India (Indian Rupee) ₹1,23,45,678.99 Indonesia (Rupiah) Rp12.345.678,99 Iran (Iranian Rial) ﷼12,345,678.99 Iraq (Iraqi Dinar) IQD12,345,678.994 Ireland (Euro) €12,345,678.99 Israel (Sheqel) ₪12,345,678.99 Italy (Euro) 12.345.678,99€ Jamaica (Jamaican Dollar) J$12,345,678.99 Japan (Yen) ¥12,345,679 Jordan (Jordanian Dinar) JOD12,345,678.994 Kazakhstan (Tenge) лв12,345,678.99 Kenya (Kenyan Shilling) KES12,345,678.99 Korea (South) (Won) ₩12,345,679 Kuwait (Kuwaiti Dinar) KWD12,345,678.994 Kyrgyzstan (Som) лв12,345,678.99 Latvia (Euro) 12 345 678,99€ Lebanon (Lebanese Pound) £12,345,678.99 Libya (Libyan Dinar) LYD12,345,678.994 Liechtenstein (Swiss Franc) CHF12’345’678.99 Lithuania (Euro) 12 345 678,99€ Luxembourg (Euro) 12.345.678,99€ Luxembourg (Euro) 12.345.678,99€ Macao (Pataca) MOP12,345,678.99 Malaysia (Ringgit) RM12,345,678.99 Maldives (Rufiyaa) MVR12,345,678.99 Malta (Euro) €12,345,678.99 Mexico (Mexican Peso) $12,345,678.99 Monaco (Euro) 12 345 678,99€ Mongolia (Tugrik) ₮12,345,678.99 Morocco (Dirham) MAD12,345,678.99 Netherlands (Euro) €12.345.678,99 New Zealand (NZ Dollar) $12,345,678.99 Nicaragua (Cordoba Oro) C$12,345,678.99 Nigeria (Naira) ₦12,345,678.99 Norway (Norwegian Krone) kr12 345 678,99 Norway (Norwegian Krone) kr12,345,678.99 Oman (Rial Omani) ﷼12,345,678.994 Pakistan (Pakistan Rupee) ₨12,345,678.99 Panama (Balboa) B/.12,345,678.99 Paraguay (Guarani) Gs12.345.679 Peru (Sol) S/.12,345,678.99 Philippines (Philippine Peso) ₱12,345,678.99 Poland (Zloty) 12 345 678,99zł Portugal (Euro) 12 345 678,99€ Qatar (Qatari Rial) ﷼12,345,678.99 Romania (Romanian Leu) 12.345.678,99lei Russian Federation (Ruble) 12 345 678,99₽ Saudi Arabia (Saudi Riyal) ﷼12,345,678.99 Singapore (Singapore Dollar) $12,345,678.99 Slovakia (Euro) 12 345 678,99€ Slovenia (Euro) 12.345.678,99€ South Africa (Rand) R12,345,678.99 South Africa (Rand) R12 345 678,99 Spain (Euro) 12.345.678,99€ Sweden (Swedish Krona) 12 345 678,99kr Switzerland (Swiss Franc) CHF12’345’678.99 Switzerland (Swiss Franc) 12 345 678.99CHF Switzerland (Swiss Franc) CHF12’345’678.99 Syrian Arab Republic (SYP) SYP 12,345,679 Taiwan (Taiwan Dollar) NT$12,345,678.99 Thailand (Baht) ฿12,345,678.99 Trinidad & Tobago (T/T Dollar) TT$1,234.99 Tunisia (Tunisian Dinar) TND12,345,678.994 Turkey (Turkish Lira) ₺12.345.678,99 Ukraine (Hryvnia) 12 345 678,99₴ United Arab Emirates (UAE Dirham) AED12,345,678.99 United Kingdom (GBP) £12,345,678.99 United States (US Dollar) $12,345,678.99 Uruguay (Peso Uruguayo) $U12.345.678,99 Uzbekistan (Uzbekistan Sum) лв12,345,678.99 Venezuela (Bolívar Soberano) VES12.345.678,99 Viet Nam (Dong) 12.345.679₫ Yemen (Yemeni Rial) ﷼12,345,678.99 Zimbabwe (ZWL) ZWL12,345,678.99 MM/DD/YYYY DD/MM/YYYY DD-MM-YYYY DD.MM.YYYY YYYY-MM-DD YYYY.MM.DD YYYY/MM/DD 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. Cancel Save changes "How much should I be saving in order to retire on time?" This calculator will help you answer that and other questions about your retirement savings and will create a detailed date based projected schedule and helpful charts. Using This Calculator "Your current age?": Enter your current age. "Retirement Age?": Enter the age you expect to retire. "Current Savings?": Enter the amount you already have invested in your retirement. "Interest Rate (ROI)?": Enter the estimated percentage you expect your investments to grow each year "Retirement Goal?": Enter the total amount you would like to have available when you retire. Press the "Calc" button and the remaining fields will be calculated. Press the "Schedule" button to see a date-based schedule of investments with information about how much interest has been earned, total balance, and other information. Press the "Charts" button to see informational charts based on the current calculations. *The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.