Retirement Calculator

Sat, 21st December, 2024 - 5:20 pm GMT

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About this Calculator

The Retirement Calculator is a free online calculator that can help you make decisions about your home loan finances. If this is not the specific calculator you were looking for then please try More Mortgage Calculators

Input Your Info Into The Mortgage Calculator:

Retirement Calculator
Require minimum withdrawals using IRS life expectancy table. At 70 1/2 you are forced to withdraw the minimum. Also now adds 10% withdrawal penalty for before 59 1/2.

Since the mortgage calcuator is so popular, here you'll find together a form that does another calculation that is important, finding out how much to put away tax deferred to get a certain amount of money in the future, and how much you could expect to draw out of that money. Just put in some numbers to see what I am talking about!
Beginning Balance of Account
Monthly contribution
Years until retirement
Estimated annual pre-retirement yield (%)
Estimated annual retirement yield (%)
Estimated annual inflation (%)
Estimated annual contribution increase(%)
Desired future monthly withdrawal amount (current dollars)
 
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Perfection is reached, not when there is no longer anything to add, but when there is no longer anything to take away. -- Antoine de Saint-Exupery


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