Spend Today or Save for Tomorrow?
Many of us are caught between two extremes - we either feel we have to live it up while
we're young or we have to save every penny to secure a happy and comfortable retirement.
To help you balance these two money management habits, use this calculator to compare
an amount you spend today to what it would be worth at retirement if you saved it instead.
Years to retirement
Rate of return
Save for Tomorrow *
* This is what the amount in the Spend Today column will grow to if you invest it
This calculator is for educational purposes only. You should not rely on the results as an indication
of your financial needs and we recommend that you seek out your own legal, accounting, tax
or professional advice. The deduction of advisory fees, brokerage or other commissions and any
other expenses that would have been paid may not be reflected in the calculation results.