SM Federal Credit Union

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):

Monday — Friday
8:00 AM — 5:00 PM

Credit unions are not-for-profit, member-owned financial institutions with a wide variety of services available to people from all walks of life.

NCUA

Your savings federally insured to at least $250,000 and backed by the full faith of the United States Government.

Phone:
(913)831-4555

Fax:
(913)831-0495

Address:
PO Box 498
Mission, KS 66201

Email:
info@smfederal.org

Lost or Stolen Debit Card: 1-888-263-3370

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