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Retirement Savings Calculator V2
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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.
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Enter your current age (#):
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Enter the age you plan to retire at (#):
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Enter the amount you would like to withdraw each month ($):
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Enter the Annual Interest Rate you expect to earn (%):
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Enter the number of years you would like to make the monthly withdrawals (#):
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Enter the expected average annual rate of inflation (%):
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Enter the amount of your current retirement savings ($):
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This is how much you need to have saved not accounting for inflation:
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This is how much you need to save each month (not accounting for inflation):
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This is how much you need to have saved accounting for inflation:
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This is how much you need to save each month (accounting for inflation):
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