What Retirement Calculator Does and Why It Matters
Retirement Calculator projects your retirement savings based on your current age, target retirement age, monthly contribution, expected rate of return, and inflation — giving you an estimate of both the nominal and inflation-adjusted (real purchasing power) balance at retirement.
Including inflation matters: a large nominal number decades from now buys noticeably less than the same number today, and a projection that ignores this can make a savings plan look more sufficient than it actually is. This gives you both figures side by side so you're comparing against realistic future purchasing power, not just a raw total.
How to Use Retirement Calculator
- Enter your current age and target retirement age.
- Enter your current savings and planned monthly contribution.
- Enter an assumed annual rate of return and inflation rate.
- Review the projected balance at retirement, in both nominal and inflation-adjusted terms.
What to Know
- The projection assumes a constant rate of return and inflation for the entire period — real markets and inflation fluctuate year to year, so this is an illustrative estimate, not a guarantee
- This doesn't include separate state pension/social security figures (in Turkey, SGK) — check with the relevant authority for your expected state pension amount and add it to this projection separately
- This is a planning tool, not financial advice — for an actual retirement plan, consult a financial advisor who can account for your full situation
Privacy and Security
The numbers you enter are used only to calculate the projection shown on this page and aren't sent anywhere or stored.
Frequently Asked Questions
Why does the inflation-adjusted number matter if my nominal savings are growing?
Because prices also rise over the same decades. The inflation-adjusted figure tells you what your projected balance will actually be able to buy in today's terms, which is the more meaningful number for judging whether you're on track.
Does this include my state pension (SGK)?
No — this projects your personal savings and contributions only. Add your expected state pension separately using figures from the relevant authority to get a fuller retirement income picture.
What rate of return should I assume?
This depends on your actual investment mix and risk tolerance, which only you (ideally with a financial advisor) can determine. Try a few different assumptions to see how sensitive your projection is to the rate you pick, rather than relying on a single guess.