FIM 2017 Retirement Symposium

Savings Calculator

Monthly Deposit with Monthly Interest payment

Int. Rate:

3.00%

Monthly Deposit

500.00

Month

Deposit

Interest

Balance

12 60

500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00

15.21 80.81

6,098.40 Year 1

32,404.17 Year 5 Amt Deposited so far : 70,045.40 Year 10 Amt Deposited so far : 113,770.06 Year 15 Amt Deposited so far : 164,561.38 Year 20 Amt Deposited so far : 223,561.43 Year 25 Amt Deposited so far : 292,096.84 Year 30 Amt Deposited so far : 371,708.76 Year 35 Amt Deposited so far : 464,187.26 Year 40 Amt Deposited so far :

30,000.00 60,000.00 90,000.00 120,000.00 150,000.00 180,000.00 210,000.00 240,000.00

120 180 240 300 360 420 480

174.68 283.72 410.38 557.51 728.42 926.95

1,157.57