Use the savings withdrawal calculator to determine how long your money will last or how much money you can withdraw from your savings through a specific period.
How long will my retirement savings last? Estimate how many years your savings will last based on what you have to start, your monthly income deposits, and your monthly expense withdrawals.
Calculate your savings growth with ease using our Compound Interest Calculator.
How to calculate your savings growth ; Use our savings calculator to project the growth and future value of your savings or investment over time. It uses the compound interest formula, giving options for daily, weekly, monthly, quarterly, half-yearly and yearly compounding. If you want to know the compound interval for your savings account or investment, you should be able to find out by speaking to your bank or financial institution. It's also worth noting that our savings calculator also allow...
Planning for retirement starts with a clear picture of your finances. This free calculator provides a personalized estimate of how long your savings and income can support your lifestyle.
Start with your details. How much is your initial deposit? · Monthly savings contribution · How long do you plan to save? · Estimated interest rate
Discover how to reach your financial goals with the short-term savings goal calculator from Bank of America.
, Featured CD account Early withdrawal penalty applies. See details below. Learn more Get started ; Term, Choose from multiple options: 7 month to 37 month. See available terms and rates ; Annual percentage yield (APY), XXXX – XXXX % [1] depending on balance and term ; Auto Renewal, For CDs that mature before 12/05/24: At maturity, 7, 10, 13, 25 and 37 Month Featured CD accounts will automatically renew into a Fixed Term CD account with the same term length unless you make a change during the 7-day grace period. Today's APY of these Fixed Term CDs is 0.03%. Your rate will be determined at maturity. For CDs that mature on or after 12/05/24: At maturity, 7, 10, 13, 25 and 37 Month Featured CDs will automatically renew into a 3 Month Flexible CD at a lower interest rate unless you make a change during the 7-day grace period. ; Early withdrawal penalty?, An early withdrawal penalty applies to any withdrawal you request outside of the grace period, which begins on the maturity date of your CD. If your account has not earned enough interest to cover an early withdrawal penalty, we deduct any interest first and take the remainder of the penalty from your principal. For more detail about the penalty calculation and how grace periods are determined, see Deposit Agreements and Disclosures and Deposit Rate Sheet .
Name, Description ; Guaranteed Income Estimator, Get an estimate for guaranteed income payments you can receive through a fixed income annuity (guarantees are subject to the claims-paying ability of the issuing insurance company). ; Health Insurance Before Medicare Planner, Explore health insurance options and estimate potential costs before you’re Medicare-eligible. ; HSA Calculator, Answer a few questions to get help planning for a brighter and healthier future with the health savings account (HSA) calculator. The calculator will estimate your health care expenses and savings potential, allowing you to make informed decisions about health care planning, savings, and spending.
Use these free retirement calculators to determine how much to save for retirement, project savings, income, 401K, Roth IRA, and more.