Retirement Savings Calculator
Saving for retirement can be a challenging task. The starting point for any retirement planning is an understanding of what your retirement needs will be. Once you have done that, you will have a target to aim at and be able to put together a savings plan that will get you there.
Defining your retirement need requires that you have a retirement age in mind and a basic understanding of what your spending needs will be during your retirement years. A simple approach for defining your retirement needs is based on using a percentage of your current income, adjusted for inflation between now and when you retire. You might also want to consider how your salary will change based on merit or cost of living increases.
Your retirement savings plan will follow primarily by what you have saved to date and what you can save going forward each month. Don't forget to factor in any pensions or social security payments that you will be entitled to receive during retirement.
People Usually Ask:
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What is the maximum amount I can withdraw from an ATM in one day?
You can withdraw up to $500.00 cash daily, however, higher limits may apply based on account relationship.
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How do I order a new debit card?
Contact us at 1-877-MERIWEST or (408) 363-3200 or visit one of our branch locations to order a new debit card.
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Can I order checks from any company or does it have to be through your vendor?
Yes, you can order checks from another vendor. However, we do suggest you order through our trusted partnership with Deluxe.
To order from Deluxe, choose an option below:
- By Phone - Contact us by phone at 1-877-Meriwest or (877) 637-4937.
- In-Person - Visit a Meriwest Financial Center.
- Online - Reorder checks through our partner Deluxe.
Note: For security reasons, Deluxe has restricted this service to orders that do not have any name or address changes. Also, you must provide the next starting check number, which can be found on your check reorder form. If you have a name or address changes or you do not know the starting check number for your reorder, please mail or bring your check order into any Meriwest Financial Center and we will process it for you.
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What happens if I deposit a check and it bounces?
If you write a check and do not have enough money in your account by the time the check clears, the check will be returned to the payee (i.e. “bounce”). We will access a Non-Sufficient Funds (NSF) fee in these instances. To avoid Non-Sufficient Funds (NSF) charges, MyLine automatically links to your checking account for flexible overdraft protection a line of credit ranges from $500 to $5,000*.
All fees are subject to change. Find a list of current fees and service charges on the fee schedule.