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RETIREMENT CALCULATOR

The following steps explain how to use the Retirement Calculator:

In the Annual Contribution field, enter the amount you will be contributing to the account each year. If you want to calculate the Annual Contribution amount, leave this field blank and enter an amount into the Annual Payoff Amount field.

  1. In the Annual Rate of Return field, enter the percentage rate of return expected each year for the account.

  2. In the Annual Rate of Inflation field, enter the percentage rate of inflation expected each year.

  3. In the Years Until Retirement field, enter the total number of years before the beneficiary will retire.

  4. In the Payoff Time field, enter the total number of years before the beneficiary will be receiving funds from the account.

  5. In the Annual Payoff Amount field, enter the annual amount the beneficiary will be withdrawing from the account each year. If you want to calculate the Annual Payoff Amount, leave this field blank and enter an amount into the Annual Contribution field.

  6. If you are calculating the Annual Contribution amount, click the Calculate Annual Contribution button. The calculated amount is inserted into the Annual Contribution field.

    If you are calculating the Annual Payoff Amount, click the Calculate Final Balance button. The calculated amount is inserted into the Annual Payoff Amount field.

Annual Contribution
Annual Rate of Return %       
Annual Rate of Inflation %       
Years until Retirement years
Payoff time years
Annual Payoff Amount