Seeing your future in real numbers can be the push you need to start saving. In this video, HR expert Carrie Nelson shows how a simple retirement calculator can turn abstract goals into concrete motivation.
You’ll learn how to estimate your long-term growth, factor in employer matches, and see how small, steady contributions compound into real financial security over time. It’s not about guessing — it’s about understanding what’s possible when you plan ahead.
Watch now to discover how using a retirement calculator can help you set goals, stay consistent, and feel confident about your financial future.
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So saying, "Oh, I'm going to do all of
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this work. Where is it going to put me?"
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Let's do a little retirement calculator.
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This is another thing that you can
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Google. Just Google retirement
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calculator. There's one here at
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calculator.net/41k
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calculator. And let's just say you're 35
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years old. You make $75,000 a year.
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You've put $1,000 away for retirement.
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And let's just say you plan to save 10%
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of your salary per year for this
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retirement plan. So every $100 you make,
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you're going to put $10 into a
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retirement plan. And let's say in this
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example, you do have a company sponsored
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plan and there is an employer match. If
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your employer has a match, you always
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want to try to take it advantage of it
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and contribute as much as the employer
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match so you can get that free money.
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Let's say they they match 50% of the
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first 3% that's goes in. Uh so you're
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again you're 35 now in this example. You
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plan to retire in 30 years at 65 and
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your life expectancy is to 85. And let's
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just say you know your annual return 6%.
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That's a pretty safe return. I can't
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guarantee anything here but you know the
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the stock market is is paying much
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higher than that right now. Uh, so what
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do you think you will get if you
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contribute $7,500 a year for 30 years?
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And this is just an estimate, but in the
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next slide, it says you can get nearly a
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million dollar with that investment. $10
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for every $100 that you contribute. And
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uh there are some cases where it will be
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less. There's some cases where it will
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be more. We can't predict what stocks or
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mutual funds will do. But uh seeing
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numbers like these could really motivate
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you now to get started and to save more.
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So, I encourage you to look up a
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calculator and put in your own
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calculations of what you
