IU Credit Union Logo
Personal
IU Athletics Debit Card Advertisement
Business
  • IU Credit Union Business Lending Center Building

  • Business Lending Center

  • 365 East Winslow Road
  • Bloomington, IN 47401
  •  

  • Contact Us:

  • 812-855-7823 ext. 1415
Mortgages & Loans
Cash Back Bonus Offer
Investment Services
IU Credit Union Investment Services ad
News & Info
Community Matters to IUCU
Resources

Financial Calculators

Determine monthly payments, make loan comparisons,
estimate savings, and so much more.

Print this page icon

How much do I need to fund my retirement?

Use this calculator to find out how much money you must have in your savings account to make recurring withdrawals of a specified amount.

All fields are required.



Calculator Results

You will need $19,532.10 in savings to be able to make 19 Monthly withdrawals in the amount of $1,000.00 and one final withdrawal of $999.98.

Calculator tips

This calculator assumes that periodic withdrawals will start on the first day of the current month and that Daily compounding is used for the accrual of interest on your savings.

Calculator disclaimer

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

Presented by TimeValue Software ©2025

Return to previous calculation >>

By accessing the TimeValue Software link above, you will be leaving IU Credit Union's website and entering a website hosted by another party. Please be advised that IU Credit Union is not responsible for the content located on the website hosted by another party, and you will no longer be subject to, or under the protection of, the privacy and security policies of IU Credit Union's website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of IU Credit Union.

« Back to Calculators


We started a credit union and created a community.
IU Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 888-855-6928.