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Retirement

It’s never too early to begin planning your retirement. In fact, the earlier you start, the easier it is to build the nest egg you deserve.

We offer a full range of retirement account investments to help you secure your future. Our staff can help you set up a traditional IRA, Roth IRA or Qualified plan account.

Our IRA Savings Certificate allows you to earn the highest rates of interest we offer combined with the flexibility of a 91 day certificate—or you may choose from any of our Certificate of Deposit terms for your retirement plan.

Investments Accounts Lake Central Bank

Retirement Accounts

Scroll table to the left to see more data.
Starting Age Balance of Account at Retirement
55 $120,581
45 $240,768
35 $401,118
25 $638,430
* Value at age 70 assuming maximum allowable IRS contributions at 4% Interest
IT’S NEVER TOO EARLY

Start Saving for Retirement

The State Bank of Danvers team is here to support your retirement goals.
State Bank of Danvers

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