Symetra Financial - Cost of Waiting Planner

Cost of Waiting Planner

Procrastination is the deadly enemy of wealth and financial security, but time can also be a powerful tool in the hands of people with a regular plan of savings and investment. The sooner you begin working toward your goals, the better your chances of success.

See for yourself. This calculator illustrates the cost of waiting in a hypothetical investment. In order to simplify the illustration, it assumes a constant rate of return, continuous contributions (regardless of market conditions) and similar to a fixed product, all contributions receive positive returns. It does not include the effects of market volatility associated with investing in securities. When investing in securities, investment return and principal value will fluctuate and units (or shares) at any time can be worth more or less than your initial investment. In fact, if you have an investment with negative return, there is no cost had you waited to invest.

Current Status
NOTE: Do not enter commas, $, or other non-numeric characters in your input.
Enter percentages as integers (i.e. enter 7% as 7, not as 0.07).
Use TAB to move from one input box to the next.

Current Age (years):

Current Annual Salary ($):

Current Balance ($):

Annual Retirement Contribution
(% of salary)

Monthly Contribution ($):

Estimates

Retirement Age (years):

Estimated Annual Raise:

Estimated Annual Inflation Rate:

Estimated annual return:^*

Number of Years to Delay Savings:

yrs.

The results from the calculator do not represent past performance or project or predict the future performance of any specific investment. The results do not factor in product charges and expenses, which impact investment results. Consider your personal investment horizon and income tax bracket, both current and anticipated, when making an investment decision.

Withdrawals are subject to ordinary income tax and a 10% IRS penalty may occur if taken prior to age 59½.

^*Investments offering the potential for higher rates of return also involve a higher degree of risk to principal. Also, please be aware that high rates of return are generally not sustainable for long periods of time.