This calculator easily answers the question "Given the value of my current investments and assuming future monthly investments of "X", at what age will I reach my retirement goal?"
The user enters their "Current Age", the "Monthly Amount Invested",the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn) and "Amount Desired At Retirement".
The calculator quickly calculates the user's retirement age 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.
Plug in your numbers into this Early retirement calculator UK and see what age retirement might become an option for you.
Or when work might become optional.
No matter what the number looks like why not set up your Free money call to see how you can improve them.
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Early retirement calculations
If you thinking of early retirement and need to make a few calculations here are a few things to think about
What does a good retirement look like to you?
What do you think the above might cost?
Where do you think the money will come from?
What do you need to do now to reach the mount you need?
We work through all of the above in our financial coaching and in designing your own GAME Plan to create more wealth, health and happiness in your life.
Find our more here and how you can take small or large steps to making work optional or early retirement one day.