Here's a good savings calculator to help you look over your retirement
financial planning.
If you have a sizeable savings now, do you know how long it will take
to meet your future goal?
For example: If you have $50,000 in savings now, and you have $300 a
month available to invest at 2% interest, do you know how long it will
take to achieve $100,000? (Nearly 10 years)
Study your goals and plan
your future. Have some fun at it. It is bound to be an eye-opening
experience for you...
Use this savings
calculator. (Clicking this link will open up a separate
window.)
You will be asked to input:
▪ Your
starting amount
▪ How many
years you will invest
▪ How much
you will put in, and how often
▪ Rate of
return
You will then see what your estimated total is in the years desired.