Use this retirement savings financial calculator to compute how much
you would need to have invested in order to withdraw a specified amount
each year 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 $51,812.30 saved up
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.
Note: Other than decimal
points, do not enter any other non-numeric characters (commas, dollar
signs, etc.) in the entry boxes. Doing so will cause a JavaScript
error.
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