Use these calculators to help you plan for your retirement.
Where the calculators ask for return, here are some options to consider:
- Most bank savings accounts currently return less than 1%
- As of 2020, a portfolio of corporate bonds yields about 2%
- A 50/50 blend of stocks and bonds may yield around 5%
- The historical long-term return of stock market averages is about 8%
A managed portfolio of securities should target the client’s financial needs, which may be more aggressive or less risky than the above scenarios.
“How much will I have when I retire?
“How much should I save for my goal?”
“How old will I be when I meet my goal?”
Magnifina, LLC is a Registered Investment Adviser. SEC# 801-117932. This website and information are provided for guidance and information purposes only. No historical or future performance claims are made. This website and information are not intended to provide investment, tax, or legal advice. Please consult a qualified professional before making decisions about your financial situation.