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:/financial-calculators.com/retirement-calculator
Currency and Date Conventions
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.
How much you need to be financially secure in retirement depends on the lifestyle you would like to have. It is important when planning your retirement to ensure you will build up a substantial pension fund by retirement age. Our pension and retirement calculator, can help you with your retirement planning and will show you how much you need to put away for later in life.
Should you need advice in your pension calculations, you can contact us here to help you secure your future retirement.
Retirement Planning Ireland | Retirement Planning Cork | Retirement Planning | Retirement Plan | Pension Plan | Pension Planning Cork
Walsh Consulting is part of the bigger Walsh Group and is dedicated
to providing relevant and beneficial financial advice to all who
seek it. (R J Walsh Consulting Ltd t/a Walsh Consulting is regulated
by the Central Bank of Ireland.)
Walsh Group. The Business Centre, Lapps Quay, Cork, T12 YR9Y, Ireland