Summary: The calculator estimates future returns by using the inputs provided (starting amount, contributions, time, rate of return) and assumes consistent growth.

Details:

• Assumes regular contributions and a constant rate of return.
• Does not factor in taxes, fees, or market fluctuations.
• Results show potential balance and breakdown of contributions and interest.

Summary: Assumes a consistent rate of return without accounting for external variables.

Details:

• Ignores market fluctuations, taxes, and fees.
• Contributions are assumed to be regular and consistent.
• No withdrawals are accounted for during the investment period.

Summary: Useful for a rough estimate, but not a comprehensive retirement planning tool.

Details:

• Provides a rough growth estimate for retirement savings.
• Does not consider factors like taxes, inflation, or changes in spending needs.
• Consult a financial advisor for personalized retirement planning.