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Calculators

Here are some useful tools designed to help you plan your financial future. All calculators are for illustrative purposes and does not infer an offer of credit or service.

Retirement Savings Calculator

This calculator will help you to estimate the amount of money you will need to have saved by retirement age in order to meet your desired retirement income goals -- along with estimating how much you need to be setting aside now in order to fully fund your plan. You have the option of factoring in inflation, up to three post-retirement incomes, and a one-time benefit (sale of home, etc.). You can also print out retirement planning reports for any number of what-if scenarios.

Clicking in any field will display help and special instructions in the right-hand column.

 Retirement Needs

Combined

Explain

 Enter age at the end of current year (#):

 Enter the age you plan to retire at (#):

 Enter life expectancy (#):

 Desired annual retirement income ($):

 Every years of retirement, reduce our income need by (%):

 Desired estate ($):

 Enter the expected average annual rate of inflation (%):

 Retirement Funding

Combined

Explain

 Enter the amount of your current retirement savings ($):

 Enter the amount of your current monthly contributions ($):

 Age to stop contributions ($):

 Enter the Annual Interest Rate you expect to earn (%):

 Enter combined Federal & State Tax Rate during retirement (%):

 One-Time Benefits

Combined

Explain

($):

 Age to Apply One-Time Benefit #1 (#):

($):

 Age to Apply One-Time Benefit #2 (#):

($):

 Age to Apply One-Time Benefit #3 (#):

($):

Age to Apply One-Time Benefit #4 (#):

 Post-Retirement Income (Pension, SS, Wages, etc.)

Combined

Explain

($):
Annual COL Adjustment % Starting

Start & Stop Ages for Retirement Income #1 ($):

to

($):
Annual COL Adjustment % Starting

 Start & Stop Ages for Retirement Income #2 ($):

to

($):
Annual COL Adjustment % Starting

Start & Stop Ages for Retirement Income #3 ($):

to

Results

Explain

 Savings Needed at Retirement Age:

 Savings at Retirement Based on Present Entries:

 Savings Surplus (negative number indicates a ShortFall):

 Additional Monthly Contribution Needed to Fully Fund Plan:

 Present Monthly Contributions:

 Total Monthly Contribution Needed to Fully Fund Plan: