Retirement Calculator

How Much Do You Need to Save For Retirement?

Current Age
Current Savings	$
Desired Retirement Age
Desired Retirement Income	$
Age At Which Savings Run Out
Yearly Post-Tax Investment Return	%
Expected Inflation	%
After hitting "Calculate", scroll down to see results.

This retirement calculator will help you determine how much per year you need to save to meet your retirement goals.

Desired Retirement Income

Enter your desired retirement income in today's dollars. We will adjust for inflation. This number is how much you need on top of any pensions or social security you expect.

How much should you expect to gain from investments?

From 1926-2003, U.S. stocks gained an average of 10.4% per year, before taxes. The taxes you pay will depend on your income, how often you trade, and if your investments are in a tax-sheltered IRA or 401k.

Tax-free bonds have recently yielded between 5% and 7%.

How much inflation should you expect?

From 1926-2005, U.S. inflation has averaged about 2.9%. Unfortunately, there have occasionally been periods of much higher inflation.

Return to all calculators

Put a DollarTimes calculator on your site.

President's Letter to Members

Revised: June 8^th, 2010

WyHy continues to put you, our owner and your interest's first! We are asking for both your help and request your support for your credit union!

As a WyHy owner, you have a right to know how governmental changes can affect your everyday routine. The Senate has recently passed an amendment to the financial reform bill that will have a significant impact on how you use your debit card. WyHy does not support this legislation, and we would like to explain why.

We do not believe the federal government should decide how much it should cost for stores to accept debit cards, especially if it will force financial institutions to raise the rates on these cards for customers. We also disagree with the amendment because it will give retailers the ability to set minimum and maximum payment amounts, and to discriminate between cards, charging more for one than another. We don't want you to be forced to carry cash, just to avoid being stranded at the register if you can't use your card. We don't want you to have to carry several cards, just to avoid paying more to use one versus another.

Please speak out against this amendment becoming law before it is too late. This is a simple process that should only take a couple of minutes to complete. Please click here to send a letter or email to your Member of Congress. This is time sensitive, make your voice heard.