Income generated by a savings plan

Saving regularly can help you achieve your future income goals. Use this calculator to determine how much income an existing balance and/or a regular savings plan can provide.
Savings and Assumptions
Current age 
Age when income should start 
Number of years to receive income 
Current savings balance ($) 
Annual savings amount ($) 
Annual savings increase (%) 
Before-tax return on savings (%)help
Marginal tax bracket (%)help
The information provided here is to assist you in planning for your future. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary therefore, the information should be relied upon when coordinated with individual professional advice.

Any rate of return entered into the interactive calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

Powered By CalcXML Calculators For Websites