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Retirement Calculator

Use our Retirement Calculator to help you determine the amount of money to save each year in order to achieve your financial goals. The Retirement Calculator will compute the annual savings required in order to reach a specified future dollar amount of savings.

Current Age:     Retirement Age:  
Interest Rate:  %
Desired Gross Retirement Income Per Year:  $
Number of years your savings should last: 

Note: The Retirement Calculator assumes that amounts are invested at the beginning of each year and that income is earned and compounded annually.

The Citizens Bank of Philadelphia is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts as well as certain eligible NOW accounts which earn .25% annual interest or less are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

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