Retirement Progress Calculator Use our Retirement Growth Calculator to see how saving more today may impact your nest egg at retirement. It's your future. Your Retirement. Make the most of it. Banc of America Investment Services, Inc. Bank of America

When to Start

How old are you?
yrs
18
Starting early may boost your retirement savings
What is your desired retirement age?
yrs
18
View the power of compounding
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Go Back Alison - starts saving at age 25 - Contributes $4,000 a year for 40 years into an IRA David - starts saving at age 35 - Contributes $4,000 a year for 30 years into an IRA Thanks to the power of long-term, tax-deferred compounding, Alison's balance is more than $650,000 higher than David's. (Results based on both earning an 8% rate of return and retiring at age 65.) Starting Age: 25 35 Contribution Time: 40 Years 30 Years Total Contribution: $160,000 $120,000 Balance at age 65: $1,208,564 $528,534 Chart assumes $4,000 annual IRA contributions made on January 1 each year of investing. It also assumes an annual rate of return of 8% on a non-FDIC insured brokerage investment and tax-deferred compounding in an IRA. Past performance is no guarantee of future results. An account may earn more, may earn less, or may incur a loss. Final account balances are prior to any distributions, fees, and taxes which would lower the ending balance. Taxes may be due upon distribution. You may be subject to a 10% penalty if you withdraw prior to age 59½. Investing in this manner does not ensure a profit or guarantee against loss. Investing in securities involves risks due to price fluctuations.

Your Progress

How much have you saved for retirement so far?
$k
$0k
Try to meet your employer's 401(k) match

After 401(k)s are also considered tax-advantaged accounts.
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Save Monthly

How much are you saving monthly for retirement?
$
$100
Planning for retirement includes more than just contributing to your employer's 401(k).

It includes your savings and investments in IRAs and other accounts.
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Yearly Expectations

How much do you expect your investments to grow annually?
%
1%
Select your investments carefully
Higher risk investments may pay higher returns, but they also have greater potential to result in losses.
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YOUR RESULTS!

Current age
Savings so far
$k
Your estimated retirement savings
$0
Savings so far
$k
45
RETIREMENT AGEyrs
0
MONTHLY CONTRIBUTION$
0
ANNUAL RATE OF RETURN%
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Retirement Growth Calculator Banc of America Investment Services, Inc. Bank of America
Important note about this calculator

The calculator is provided by one or more third party service providers. The figures entered on the input page of this calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this calculator are also intended for illustrative purposes only and accuracy is not guaranteed. Bank of America and its affiliates are not tax or legal advisers. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by Bank of America, its affiliates or any other institution, nor does this calculator predict or guarantee the actual results of any investment product. The terms and conditions of products offered by institutions will differ and may affect the results of the calculator. You shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs. Please consult with qualified professionals to discuss your situation.

Brokerage IRAs (non-FDIC insured) are available through Banc of America Investment Services, Inc. Bank IRAs (FDIC-insured) are available through Bank of America, N.A.

Banking products are provided by Bank of America, N.A., member FDIC.

Retirement accounts opened through Bank of America, N.A., including Roth and Traditional IRAs, are insured by the FDIC up to $250,000 per depositor. These accounts are insured separately from other deposits you may have with Bank of America, N.A.

Investing involves risks, including the loss of principal invested.

Neither Bank of America, N.A. nor any of its subsidiaries are tax or legal advisors. It is suggested that you consult your personal tax or legal advisor before making tax or legal-related investment decisions.

Banking products are provided by Bank of America, N.A., member FDIC.

Investment products are provided by Banc of America Investment Services, Inc.® and:

Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed

Banc of America Investment Services, Inc. is a registered broker-dealer, member FINRA and SIPC, and a nonbank subsidiary of
Bank of America, N.A.