Retirement Savings

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. You also have the option of factoring in the effects of inflation.
Enter your current age (#):
Enter the age you plan to retire at (#):
Enter the amount you would like to withdraw each month ($):
Enter the Annual Interest Rate you expect to earn (%):
Enter the number of years you would like to make the monthly withdrawals (#):
Enter the expected average annual rate of inflation (%):
Enter the amount of your current retirement savings ($):

This is how much you need to have saved not accounting for inflation:
This is how much you need to save each month (not accounting for inflation):
This is how much you need to have saved accounting for inflation:
This is how much you need to save each month (accounting for inflation):

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Retirement Savings

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