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Personal Retirement Number Calculator

The Bank of America Retirement Calculator asks you 6 easy questions. You give 6 simple answers. In just a few minutes, you’ll know where you stand and how much you’ll need to retire.

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The results provided by this calculator are intended for illustrative purposes only and accuracy is not guaranteed. The results should not be relied upon nor should they be deemed as investment advice.

IMPORTANT: The projections or other information generated by this calculator regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

The calculator is provided by one or more third party service providers. However, the information generated by this calculator is developed from Bank of America’s Investment Strategies Group to estimate how current savings and estimated future contributions may help to meet estimated income in retirement. The information estimates potential growth of your indicated assets and contributions over the time frame specified. The market return data used to generate the illustration is hypothetical and intended to provide you with a general idea of how an asset mix you selected might perform over time.

The market return data used to generate the illustration is intended to provide you with a general idea of how an asset mix you selected in the calculator has performed historically. For more information on the calculations, review our Methodology and Assumptions at the following link Important information about this calculator. The respective asset mix may be useful information, but is in no way representative of past performance of a particular investment, and is not representative of any future performance of any particular investment.  Numerous factors make the calculations uncertain, such as the use of assumptions about hypothetical returns and inflation as well as the data you have provided. Assumptions concerning inflation are for illustrative purposes only. Any asset or portfolio earnings and/or returns shown or used does not reflect the cost of investing, including commissions or fees.

We encourage you to consult with qualified professionals to discuss your situation.

Bank of America and its affiliates are not tax or legal advisors. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by Bank of America, its affiliates or any other institution, nor does this calculator predict or guarantee the actual results of any investment product. The terms and conditions of products offered by institutions will differ and may affect the results of the calculator. You shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs. Please consult with qualified professionals to discuss your situation.

Investing involves risks, including the loss of principal invested.

Neither Bank of America, N.A. nor any of its subsidiaries are tax or legal advisors. It is suggested that you consult your personal tax or legal advisor before making tax or legal-related investment decisions.

Banking products are provided by Bank of America, N.A., member FDIC.

Investment products are provided by Banc of America Investment Services, Inc.® and:

Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed

Banc of America Investment Services, Inc. is a registered broker-dealer, member FINRA and SIPC, and a nonbank subsidiary of Bank of America, N.A.