72 / Rate of Return = Years Needed to Double Your Money, 72 / 4 = 18

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. Attend the meeting in person at the Holiday Inn with dinner, giveaways and cash prizes.

Monthly target income amount (before-tax dollars), Monthly Social Security income and annual percentage increase, Monthly pension income and annual percentage increase, Additional monthly income and annual percentage increase, Amortization schedule (monthly or annually). The Rule of 72 For instance, your retirement age is up to you. This information is intended to serve as a basis for your conversation with a financial representative. as well as a total for your systematic withdrawals. Friday | 8 a.m. - 6 p.m. Here are two ways to help make your retirement savings last longer — by either reducing your retirement expenses or boosting your income during retirement.

The information provided is for educational purposes only. First, you will be asked to provide your retirement income objectives: Next, you will be asked information about your fixed income receipts: Last, you will be asked about your savings and assumptions: From the information you provide, our calculator will tell you the approximate number of years your retirement funds may supplement your fixed income receipts (e.g., Social Security, company pension, etc.)

You may not have to cash in your investments when the market is down with access to the reserves you have in your short-term bucket. Western & Southern Financial Group does not provide tax or legal advice. Securities contain risk and will fluctuate with changes in market conditions.

This module is hypothetical and is provided for illustration purposes only. | Site Map | Privacy Policy | Internet & Security Privacy Policy. Email: customerservice@thebankhaus.com, © 2020 All Rights Reserved. Now that you know how long it takes to double your money, how do you figure out how long your savings will last? In January 2021 due to the challenges associated with COVID 19, we are asking you our valued members, how would you like to attend your annual meeting.

It ranks insurers on a scale of 1 to 100 (where 1 is the lowest) in an effort to reduce confusion over ratings because each rating agency uses a different scale.

You also may need to reduce your annual spending when your investment returns are less than you expected them to be. Our Retirement Longevity Calculator … Your retirement lifestyle is a major influencing factor as well.

Each year in January Sheridan Community Federal Credit Union holds an annual meeting to comply with NCUA requirements.

One way to help determine how long your savings might last throughout your retirement is to use the 4 percent rule.

Ready to start your search for solutions? Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. As you think about your financial future and current needs, consider the benefits our various products can offer.

THIRD-PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Each year in January Sheridan … Website: thebankhere.com Here's how it works: If you begin your first year of retirement by withdrawing 4 percent of your savings and making subsequent annual adjustments for inflation (and continue withdrawing 4 percent each year thereafter), your money should last approximately 30 years.