About
eServices
Rates
Forms
Locations
ATMs
Open Account
Apply for a Loan
Make a Payment
Contact
(301) 929-7990
+1 (800) 888-6560 (toll-free)
M - F, 8:30 a.m. - 4:00 p.m.
Audio Response 24/7
Email Us
Log into Online Bankingfor account-specific questionsMore Contact Options
Site Search

Retirement Planning

Start early
Reduce taxes
Revisit your plan often

Time is your best friend when it comes to growing your retirement nest egg. Starting even just a few years earlier could double your money at retirement age! That's the power of compounding interest.

Get started today by opening an IRA!

Open Now

Looking for impartial advice to help you make informed decisions? We can help!

Schedule an AppointmentOpens in New Window

Rest easy now knowing you are preparing for your future.

The average person should start saving for retirement between the ages of 18 and 21, when basic education is complete and income is being generated. For many, that sounds too early. But when you consider the benefits of starting early, it's a no brainer. The earlier you start saving for retirement, the less you'll have to sacrifice during your working years and the more your nest egg will grow.

That's right — save less each year AND end up with more in the end. That's the beauty of starting early.

So now that you understand the time to start saving for retirement is now, let's get to it.

Leaving Your Job With Money Invested In a 401(k): Things to consider.

Seven Steps to Improving Your 401(k) Balance: Plan today for a better tomorrow!

Retirement Planning Mistakes to Avoid: Know What NOT to Do In Order to Maximize Your Earnings.

Where to Invest Your Retirement Money: A variety of options are available to you.

How Much to Save for Retirement: Saving early on means sacrificing less later.

Five Keys to Investing for Retirement: Following basic rules will help you make smarter choices.

Financial Calculators

Use these savings and retirement calculators to help give you a better idea of how to save for your retirement.

How much will I need to save for retirement?Opens in New Window
How much will I receive in Social Security?Opens in New Window
I'm retired, how long will my savings last?Opens in New Window
How much can I save with my 401(k)?Opens in New Window
Compare Roth 401(k) and Traditional 401(k) retirement savings plans.Opens in New Window
How much will inflation affect my retirement?Opens in New Window

Ready to Get Started?

Visit Our IRA Service CenterOpens in New Window

Schedule an AppointmentOpens in New Window

Knowledge is power. Be in the know for financial betterment.

1.00% APY Checking Bonus
Enjoy our 1.00% APY² Checking Account Bonus — earn an outstanding rate with simple terms.

Maximize your hard-earned dollars
Classic Car Lending
We're excited to announce that our NEW classic vehicle and restoration loans are available now!

Ready to finance your dream car?
Shared Branches & ATMs
Our members have access to Co-Op Network Shared Branches & ATMs for all basic transaction needs.

Access branches and ATMs nationwide

Lafayette Federal Credit Union is one of the premiere financial institutions in the Washington, D.C. area, now serving DXC and CSRA employees. Since our founding in 1935, we have sought to provide our members with a safe and convenient place to save, and to offer loans at rates and terms more favorable than those of other financial institutions. We also work hard to provide top-notch customer service. Contact us to obtain a copy of our Annual Report.

© 2021 Lafayette Federal Credit Union |
Federally Insured by NCUAOpens in New Window
Equal Opportunity Employer | E-Verify EmployerOpens in New WindowSite by VisionsOpens in New Window

Retirement Planning

1.26% APY*

Rest easy now knowing you are preparing for your future.

Financial Calculators

1.26% ^APY*