Retirement Calculator



Let us to tell you this fact: Money may not be the most important thing in life, however if you lack of it, it becomes everything in life. Do you also know that "Failing to Plan is as good as Planning to Fail". As much as we hate to admit it, planning is an integral part of our lives, not just in our finances but in every aspect of our lives. So, it's better that we start planning early rather than regret later.

Time passes quickly, as the saying goes and before we realize it, suddenly we feel we are gettin nowhere. The million dollar question is how early can we retire? And how can a retiree (like you and I) sustain the lifestyle we are used to throughout our twilight years?

To summarize what financial experts would agree is that Financial Planning is all about:
  1. Knowing where you are now,
  2. Where do you want to go and
  3. How to get there.

The earlier you start, the bigger the nest egg you will have on retirement. However, it is difficult to start in our twenties, as at that age we need to invest in a car and then a house and so forth. And very soon, there will be educational expenses for kids. Having said that, it is a matter of time our retirement dateline will come. Therefore, we cannot afford to keep postponing your financial planning for retirement. In order to have sufficient income to cover all those non-working years, we cannot leave the plan to the very last moment. Say, if you decide to retire at 55, you need a nest egg that can generate an income for another 25 to 35 years.

The rule of thumb is that the amount you need to save will depend on the retirement lifestyle you have in mind and the income that you are earning currently.

FAMOUS QUOTE : Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. ~ William A. Ward
Question: How much will I need to have saved in order to withdraw an annual amount each year of my retirement?
FREE Retirement (Income/Savings) Calculator
Use this calculator ANYTIME to calculate how much you would REALLY need to have invested in order to withdraw a specified amount each month over the course of a specified period of time. For example, if you want to be able to withdraw $3,000 during each month of your expected 40-year retirement, this calculator will tell you that if you expect to earn a 5% interest rate you will need to have $622,152.87 saved up by the time you retire. This is often referred to as "Present Value of an Annuity" analysis.

To compute the Present Value of an Annuity, fill in the first three text boxes and then click the "Compute" button. The answer will be generated at the bottom of this box.

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:
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FAMOUS QUOTES

"Success in this industry is not in finding the right person, but in becoming the right person." -- Dr. Forrest Shaklee, Founder of Shaklee

"I would rather earn 1% off a 100 people's efforts than 100% of my own efforts." -- John D. Rockefeller, Businessman

"Of all the entrepreneurial opportunities available today, one of the most important is direct selling, also called network marketing." -- Paul Zane Pilzer, Nobel Prize Winning Economist and Author

"The question we should be asking. Would I want to be sponsored by me?" -- Jeff Olson

"You gotta be hungry!" -- Les Brown, Author and Motivational Speaker

"You can get everything in life you want if you will just help enough other people get what they want." -- Zig Ziglar, Author and Motivational Speaker

"The definition of insanity is doing the same thing over and over and over and over again, but expecting a different result." -- Albert Einstein, Theoretical Physicist

"You must as a Leader have a plan, a step by step trail, and direct your people down the MLM Power Path." -- Doug Firebaugh, Network Marketer and Trainer

"You only win when you help others win." -- Paul Zane Pilzer, Nobel Prize Winning Economist and Author

"No matter what your product is, you are ultimately in the education business. Your customers need to be constantly educated about the many advantages of doing business with you, trained to use your products more effectively, and taught how to make never-ending improvement in their lives." -- Robert G Allen, Entrepreneur, Author, and Motivational Speaker

"The Third Party is the Best Party." -- Unknown Author on using third party confirmation

"Network Marketing is an equal opportunity opportunity." -- Michael S. Clouse, Network Marketer and Trainer

"I'm working full time on my job and part time on my fortune" -- Jim Rohn, America's Business Philosopher (Speaking on the magic of part time network marketing business.)

"If you do what you've always done, you'll get what you've always gotten." -- Anthony Robbins, Author, Speaker, and Self Help Guru

"Use, recommend, and sponsor." -- Richard B. Brooke, Author and Founder of Oxyfresh

"We're in the midst of a boom in home-based businesses, and it shows no sign of slowing." -- Paul Zane Pilzer, Nobel Prize Winning Economist and Author

"In Network Marketing, duplication is what success looks like!" -- Michael S. Clouse, Network Marketer and Trainer

"If I had to do it all over again, rather than build an old style type of business, I would have started building a network marketing business." -- Robert T. Kiyosaki, Entrepreneur and Author

"If you are a person with big dreams and would love to support others in achieving their big dreams, then the network marketing business is definitely a business for you. You can start your business part-time at first and then as your business grows, you can help other people start their part-time business. This is a value worth having - a business and people who help others make their dreams come true." -- Robert T. Kiyosaki, Entrepreneur and Author

"Network marketing is the big wave of the future. It's taking the place of franchising, which now requires too much capital for the average person." -- Jim Rohn, America's Business Philosopher

"Home-based businesses are one of the fastest-growing segments in our economy, and that trend will only continue, as the age of the corporation, which began barely a century ago, now gives way to the age of the entrepreneur." -- Paul Zane Pilzer, Author and Nobel Prize Winning Economist

"A network marketing business can result in tax savings of $3,000 to $9,000 dollars per year." -- Sandy Botkin, Tax Expert

"What you sow, you reap. It's a law of nature. Network Marketing is perfectly aligned with that. You get truly, EXACTLY what you're worth! No nepotism, no favoritism. That's rare today." -- Bob Proctor, Speaker and Author

"When I read in Fortune magazine that Warren Buffet, the billionaire investor and one of the world's richest men, was investing in a direct sales (network marketing) company, I decided I was missing something." David Bach, Author and Financial Columnist

"The future of network marketing is unlimited. There's no end in sight. It will to continue to grow, because better people are getting into it. They are raising the entire standard of MLM to the point where soon, it will be one of the most respected business methods in the world." -- Brian Tracy, Author and Motivational Speaker

"Advice from the corporate world: If you can't get your work done in the first 24 hours of the day, work nights. Just one more reason to do network marketing." -- Unknown Author

"You don't have to get it perfect, you just need to get it started" -- Joe Schoeder, Network Marketer and Trainer

"You can make money or you can make excuses. You can't do both." -- Unknown Author

"For people choosing to use a network marketing system to build a business in the B quadrant, the price of entry is a lot lower, the risks are lower, and the education and support are there to guide you through this personal development process." -- Robert T. Kiyosaki, Entrepreneur and Author

"Don't teach it unless you have proven you can do it." - Todd Falcone, Network Marketer and Trainer

"People don't trust conglomerates; they trust individuals. Network marketing brings trust and the quality of the relationship to the center of the business. And it enables you to expand indefinitely, simply by expanding the number of relationships." -- Brian Tracy, Author and Motivational Speaker

"Network Marketing works when we do." -- Michael S. Clouse, Network Marketer and Trainer

"I am often asked if Network Marketing is a Pyramid Scheme. My reply is that corporations really are pyramid schemes. A corporation has only one person at the top, generally the CEO, and everyone else below." -- Donald Trump, Entrepreneur and Author

"Nobody cares how much you know, until they know how much you care." -- Theodore Roosevelt, 26th President of the USA and Adventurer

"If you become teachable and remain so, a network marketing career will make you money. More importantly it will mold your character" -- Jay Vandenhoff, Network Marketer

"You can help a thousand, but you cannot carry 3 on your back. Learn to help those who deserve, not those who need" -- Jim Rohn, America's Business Philosopher

"If fifty million people say a foolish thing, it is still a foolish thing." -- Anatole France, French Poet, Journalist and Author

"It's not about finding great people, it's about becoming a great person" -- Mark Yarnell, Network Marketer, Author, and Trainer





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