Salem Five Bank — Providing full-service financial services including banking, mortgage lending, loans, insurance and investments.

Budget Calculators


Take charge of your finances with a clear plan. Our budget calculators help you track income, expenses, and savings goals so you can build a realistic spending plan that works for your lifestyle. Whether you're managing monthly bills or planning for future purchases, these tools make it easy to stay organized and make informed financial decisions.

The information and tools provided on this site are for educational and illustrative purposes only. Interactive calculators are made available as self-help resources for your independent use and are not intended to provide financial, investment, tax, or legal advice. We do not guarantee the accuracy, applicability, or completeness of the results in relation to your individual circumstances. All examples are hypothetical and should not be relied upon for decision-making without consulting a qualified professional. Your use of these tools does not imply endorsement of any specific strategies, products, or services.

Investing involves risks, including the loss of principal. The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.