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

Salem Five Home

Financial Calculators


Take control of your financial future with confidence. Whether you're planning to buy a home, tap into your equity, grow your savings, prepare for retirement, or manage your monthly budget, our suite of financial calculators is here to help. These easy-to-use tools provide valuable insights to guide your decisions, set realistic goals, and build a stronger foundation for long-term financial wellness.

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    Retirement View all calculators
  • Young son holding calculator with brother
    Savings View all calculators
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    Budget View all calculators
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.