Calculators

Retirement Calculator

Use our Retirement Calculator to help you determine the amount of money to save each year in order to achieve your financial goals. The Retirement Calculator will compute the annual savings required in order to reach a specified future dollar amount of savings.

Current Age:     Retirement Age:  
Interest Rate:  %
Desired Gross Retirement Income Per Year:  $
Number of years your savings should last: 

Note: The Retirement Calculator assumes that amounts are invested at the beginning of each year and that income is earned and compounded annually.

Our online calculators are provided as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Central Bank.