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Loose Change

It's easy to spend money on little things that aren't expensive. Just a few dollars a day buys a nice cup of coffee, an afternoon snack or some other "little extra."

But even a little extra savings can make a big difference. Try our quiz and see how your loose change adds up.

  • How much does your "little extra" cost?
  • How often do you purchase this little treat?
  • How much interest do you expect to earn on your investments?
% per year 1
  • Estimate an annual inflation rate
% 2
  • How old are you?
  • At what age do you expect to retire?
  1. Please note that an increased level of risk to principal is typically associated with higher rates of return. Also, rates of return will vary over time, particularly for long-term investments. Based on historical average rates of return for the various asset classes (e.g. stocks, bonds and short-term liquid instruments), a rate of return outside the range of 2%-20% may be an unrealistic assumption.
  2. Based on historical rates of inflation, an inflation rate below 2% may be an unrealistic assumption.
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The Transamerica Center for Retirement Studies® ("The Center") is a non-profit corporation and private foundation. The Center is funded by contributions from Transamerica Life Insurance Company and its affiliates and may receive funds from unaffiliated third-parties.

The Center and its representatives cannot give ERISA, tax, investment or legal advice. This material is provided for informational purposes only and should not be construed as ERISA, tax, investment or legal advice. Interested parties must consult and rely solely upon their own independent advisors regarding their particular situation and the concepts presented here. Although care has been taken in preparing this material and presenting it accurately, The Center disclaims any express or implied warranty as to the accuracy of any material contained herein and any liability with respect to it.