Plan your retirement and calculate your pension savings
Enter your current age and planned retirement age
Input your current savings amount in your pension fund
Set monthly contribution you plan to make
Estimate annual return (typically 5-8% for balanced portfolios)
Set inflation rate to see real purchasing power
A pension calculator is a financial planning tool that helps you estimate how much money you'll have saved for retirement based on your current savings, regular contributions, and expected investment returns. It takes into account the power of compound interest and inflation to give you a realistic picture of your retirement funds.
Planning for retirement is crucial for financial security. This calculator helps you understand whether your current savings plan will meet your retirement goals and allows you to adjust your contributions accordingly.