More Risk = More Reward!
Use this calculator to create your own scenarios of compounding interest.
Learn more about the differences between Traditional IRAs and Roth IRAs in one of our latest articles!
121FCU provides complimentary retirement and financial planning services for members!
Top tip for your 20s: Save 15% of your income for retirement.Mistakes to avoid: Putting off research, learning, and saving for later.
Top tip for your 30s: Increase your retirement savings 1% with each raise.Mistakes to avoid: Cashing out your investment account when switching jobs.
Top tip for your 40s: Diversify your investments to increase your flexibility.Mistakes to avoid: Switching to conservative investments too early.
You don’t have to perform all of these calculations yourself. Our partner brokerage service has this handy retirement savings calculator that can help you quickly figure out how much you should be saving and if there are any shortfalls to your current plan.
The Financial Retirement & Investment Services is offered through CUNA Brokerage Services Inc.*, a broker/dealer focused on serving credit union members. CUNA Brokerage Services Inc. is an affiliate of CUNA Mutual Group.
The program provides you with in-depth financial guidance and financial goal setting or simply a second opinion on the state of your finances. Ask our representative to help you create a personal financial plan that best fits your life so that you can retire sooner and with confidence.