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Electrical Workers No 558 Federal Credit Union
www.ew558fcu.com

How Will Inflation Affect My Retirement?
Calculator

We would all like to maintain a certain standard of living in retirement. Use this calculator to understand the effects of inflation on the income level you will need as you approach retirement.

Your Information

Current Age:
 
Retirement Age:
 
Life Expectancy:
 
Current Annual Income:
 
Income Needed at Retirement:
%
 
Inflation Rate:
%
 

Current Age

Enter your current age.

Retirement Age

Enter the age at which you wish to retire.

Life Expectancy

Enter the age you expect to live to.

Current Annual Income

Enter your current annual income.

Inflation Rate

Enter the inflation rate you want to use for these calculations. The historical average is 2-3%.

Percentage of Income Needed at Retirement

Enter the percentage of your current income you think you will need at retirement.

ResultsInformation

Electrical Workers No 558 Federal Credit Union

Any one who is a member of the International Brotherhood of Electrical Workers Local Union 558 or who has an immediate family member that already belongs to the credit union is eligible to join.

1705 E 17th Street
P.O. Box 806
Sheffield, AL 35660-0806
(256) 383-6551
www.ew558fcu.com

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