Quick answer
What matters more: saving more or starting earlier?
Work out for yourself what time and amount each do.
Money that grows earns something. That something earns again the next year. This is called compound interest. That is why money grows faster in later years than in early ones.
In the calculator you see at once what changes when you start earlier or save more.
- Choose age and amount freely
- See every year in the chart
- State top-up included
- Even growth is a simplification
General information based on the law. Not personal advice and not a promise.
How much could add up for you?
More settingsFor everyone who wants more detail.
For example, once you earn more after your training.
At this age you stop saving. From then on, the money is paid out to you. The law usually allows this from age 65.
Money you have already saved for old age and invest from the start.
How much your money grows on average per year, before costs. Pick what suits you: if you have plenty of time and stay calm when things go up and down, you can expect a bit more. If you prefer it steady, a bit less. We calculate with 6%.
This is what the provider takes from your money every year. 1% means: €10 a year for every €1,000.
You pay in a little more every year – for example because your salary goes up.
Most things get more expensive over time. We use this value to work out what your money will be worth later. The European Central Bank (ECB) aims for inflation of 2% a year – that is why we calculate with 2%.
2 % is the official target of the European Central Bank.
Not included: taxes and one-off costs when signing up. The payout in old age is only a rough estimate. How exactly we calculate
Free and without sign-up. Your entries stay on your device.
How does our retirement savings calculator work?
You enter how much you save each month and for how long. The calculator shows you how much that could turn into – but it cannot see into the future.
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