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DISCLAIMER

These calculators are designed to be informational and educational tools only, and when used alone, do not constitute investment advice. We strongly recommend that you seek the advice of a financial services professional before making any type of investment. We also encourage you to review your investment strategy periodically as your financial circumstances change. This model is provided as a rough approximation of future financial performance. The results presented by this calculator are hypothetical and may not reflect the actual growth of your own investments. FINRA and its affiliates are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. FINRA is not responsible for any human or mechanical errors or omissions.

 

Retirement Savings Calculator

Use this calculator to compute how much you would need to have invested in order to withdraw a specified amount each month over the course of a specified period of time. For example, if you want to be able to withdraw $500 during each month of your expected 20-year retirement, this calculator will tell you that if you expect to earn a 10% interest rate, you will need to have saved $51,812.30 by the time you retire. This is often referred to as "Present Value of an Annuity" analysis.

To compute the Present Value of an Annuity, fill in the first three text boxes and then click the "Compute" button. 

Enter the amount you would like to withdraw each month:
Enter the Annual Interest Rate you expect to earn:
Enter the number of years you would like to make the monthly withdrawals:
This is how much you need to have saved: