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Retirement Savings Calculator

Use this calculator to compute how much you would need to invest now in order to have your investment grow to a specific amount within a specified time-frame. For example, if you want to have a certain amount set-aside to pay for a child's college tuition, this calculator will tell you how much you would have to deposit today in order to accumulate the necessary funds by the time your child reaches 18 years of age. This is often referred to as "Present Value" analysis. To compute the Present Value of a Future Amount, fill in the first three text boxes and then click the "compute" button.

Enter the amount you would like to withdraw each month:
Enter the Annual Interest Rate you expect to earn:
Enter the number of years you would like to make the monthly withdrawals:
This is how much you need to have saved: