How long until my retirement savings account may reach my goal?

The power of compounding can have a dramatic affect on the growth of a single investment. Use this calculator to determine how many years an existing retirement account may take to reach your stated objective.
Savings
Current savings balance ($) 
Desired savings goal ($) 
Assumptions
Before-tax return on savings (%)help
Marginal tax bracket (%)help
Any rate of return entered into the calculator to estimate future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk. Rates of return are shown for illustrative purposes only and are not intended to predict the return of any investment, which will fluctuate.

The information provided here is not intended to provide investment advice or portray actual investment results. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should only be relied upon when coordinated with individual advice from qualified professionals.

Mercer HR Services, LLC does not endorse and is not responsible for the content, or any of the policies, activities, products or services offered by CalcXML.

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