The Income Growth calculator demonstrates how your income and total earnings might grow from today until the time you plan to retire. Income growth is compounded annually in this calculator.

• Enter ballpark values by clicking on and dragging the diamond-shaped sliders left or right. Enter exact numbers by clicking on the number in the box on the right and type your number (no commas).
• The results of your calculations show in the box in the middle of the calculator.

Current Age

Enter your current age.

Retirement Age

Enter the age at which you expect to retire. The difference between the retirement age and your current age is the number of years over which your income growth will be compounded.

Current Income

Enter your current gross annual income, which is your anticipated total income from all sources and before taxes or withholding.

Expected Raises

Enter the average percentage you expect your income to grow every year.

Results

Based on the information you’ve provided, this summarizes what your gross annual income will be at retirement and the total income you would have earned between your current age and retirement age.

Graph

This graph shows how your annual income grows for every year between your current age and your retirement age. Move your cursor over any of the bars in the graph to see what your annual income is estimated to be in that year.