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.
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.