Spending money today has a retirement price tag on it. What you fail to put away today for your retirement will impact how much you have available to you when you are ready to retire. That price tag will depend on how many years you are away from retirement and the rate of return you could receive on those funds over the savings period.
Spend It or Invest in an IRA?
Spend it or Invest in an IRA?
Traditional IRA |
Roth IRA |
|---|---|
| Traditional IRA | Roth IRA | |
|---|---|---|
| Total Savings |
Flagstar Bank partnered with Fintactix, a financial education company, to make this calculator available. This is for informational purposes only. The results are hypothetical to illustrate general scenarios. The calculator cannot determine that a specific Flagstar product is available to you or that it is the right solution for your circumstances. All Flagstar Bank products require an application and an approval process. Please contact us directly so we can assist you. Use of this calculator is not a substitute for and results cannot be relied on as investment, legal, tax or accounting advice. Please consult a tax advisor, attorney or other financial professional for personalized advice appropriate to your goals and circumstances. Flagstar Bank and our affiliates are not responsible for any content provided by unaffiliated third parties.