What you can measure
Income, saving, and time shape long-term assets.
WageBloom brings work income, monthly contributions, and current assets into one estimate.
Work into income
Estimate monthly and annual gross income.
Set a monthly contribution
Use an income rate or fixed monthly amount.
Future value in today’s dollars
Compare assets, principal, and real value.
Wage references
State rates are starting points, not individual determinations.
Rates follow the U.S. Department of Labor summary updated July 1, 2026. The calculator uses $7.25 when no higher state general rate is listed; New York and Oregon include regional options.
Local rules vary. Use your actual wage or official guidance whenever possible.
View U.S. state ratesCalculation method
Review the assumptions and read the result as a range.
Annual income = hourly wage × hours per day × days per week × 52 × (working months ÷ 12)
Use a share of monthly income or a fixed amount. Annual growth adjusts it, with deposits added at month-end.
Annual return becomes an equivalent monthly rate. Taxes, fees, irregular income, benefits, and market changes are excluded.
Formulas and limitsReading the result
Compare principal, gains, and today’s value.
- STEP 01 Total principal Starting assets + contributions
- STEP 02 Estimated gain Nominal assets − principal
- STEP 03 Today’s value Future assets in current purchasing power
Example scenarios
Compare conservative, baseline, and optimistic assumptions side by side.
Start small for 10 years
- Monthly contribution
- $75.40
- Annual return
- 4%
- Nominal assets
- about $11,061
Build on $10,000 for 20 years
- Start / monthly
- $10,000 / $500
- Annual return
- 5%
- Nominal assets
- about $229,435
Test the power of 30 years
- Start / monthly
- $30,000 / $1,000
- Annual return
- 6%
- Real value
- about $546,737
Simplified examples excluding taxes and fees.
Frequently asked questions
Is the income estimate after taxes?
No. It is a gross estimate based on wage and schedule. Taxes, overtime, benefits, and changing workdays are excluded.
Does the selected state rate always apply to me?
Not always. Local rules, employer size, occupation, age, tips, or exemptions may apply.
Why are contributions added at the end of each month?
It models saving after income arrives. Other timing changes the result.
What does inflation-adjusted value mean?
It expresses the future balance in today’s purchasing power.
Can I enter a high expected return?
You can, but no return is guaranteed. Include a lower-return case.
When are wage and contribution growth applied?
Income-rate contributions grow with wages each year. Fixed contributions use their separate annual growth assumption.
What does the target planner reverse-calculate?
It estimates the first-year monthly amount for a nominal target. Taxes, fees, and volatility are excluded.
Are my wage and asset inputs stored?
Inputs stay in your browser. Saved scenarios remain locally; shared links contain restorable assumptions.
Open assumptions. Clear limits.
WageBloom does not recommend products or guarantee returns. Formulas, exclusions, and data practices are public.