The variables used in our online calculator are defined in detail below, including how to interpret the results.
This is your current age in years.
This is your expected retirement age.
If you currently have a retirement fund, then enter that amount here. If you have not started a fund, you can simply enter zero.
This is how much money you'd like to have in this retirement fund when you reach your expected retirement age.
This is the annual rate of return you expect to realize on this fund between now and your expected retirement age.
The annual funding is the amount you would need to contribute each year to this retirement fund to reach your funding goal at retirement.