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Southside Bank

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Southside Bank

Retirement Calculator

Please complete all fields to perform the calculation. This calculator provides a hypothetical look at retirement investment. You should consult your local banker before making any firm retirement investments.

How Many Years Until You Retire?

Current Gross Income (all sources)
$

Annual Savings (including payroll deductions)
$

Annual Salary Growth Rate
%

Given 0% annual salary increase, and assuming you'll need 75% of your annual salary at retirement, your average annual salary at retirement should be $0.00.

Experts maintain that you will need 11 times this amount to maintain the necessary income without affecting principal, so your savings goal should be $0.00.