Future Salary Calculator – Compensation Growth Planner
Project future salary, cumulative pay, and average raise percentage.
Table of Contents
How to Use
- Enter your current base salary.
- Add the average annual raise you expect in percentage terms.
- Specify how many years you want to project.
- Include recurring annual bonuses and any one-time promotion boost to see their effect.
Understanding compensation growth
Compensation typically grows in steps: annual cost-of-living increases, merit raises, and the occasional promotion bump. Modeling all three reveals their combined impact on your future pay.
- Small raises compound meaningfully over long careers.
- Bonuses increase total cash even if they don’t change base salary.
- Promotion boosts reset your base, magnifying future percentage raises.
Planning tips
Build three scenarios—conservative, base, and stretch—to set expectations with financial goals such as savings rates or mortgage affordability.
Update the projection after performance reviews or role changes to keep your compensation roadmap aligned with reality.
Frequently Asked Questions
- How does the promotion boost work?
- Promotion boost applies once, immediately increasing your salary before recurring raises are applied. Use it to represent a one-time step change when switching levels or employers.
- Can I model negative scenarios?
- Yes. You can enter negative raise percentages or promotion boosts to simulate pay cuts or reduced hours. The calculator will compound those just like positive changes.