How to use it
- Enter Starting amount.
- Enter Annual rate %.
- Enter Years.
- Enter Compounds / year.
- Enter Monthly contribution.
The formula
Project a nest egg from contributions and growth.
Worked example
$500/month from age 30 to 65 at 7% can exceed $850,000.
Frequently asked questions
How much do I need?
A common rule targets 25× yearly spending.
When to start?
As early as possible — time drives compounding.
Tips
- Start early; a decade of compounding is hard to replace.
- Always capture any employer match in full.
- Revisit your plan yearly as income changes.
Key terms
- Nest egg
- Total retirement savings.
- Drawdown
- Withdrawing from a pot over time.
- Match
- Employer contributions to your plan.