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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.

7 Simple Steps to Maximize Your Retirement Savings: Let us help you get on a path to a sustainable and enjoyable retirement.

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?

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

Sizzling HOT Summer Savings
We offer sound savings solutions with our NEW nationwide-leading, top-tier deposit rates!

Kick-start your summer savings
2.02% APY³ Checking
Enjoy our 2.02% APY³ Checking — a premium rate over 65 times higher than the national average¹

Simple terms, outstanding rate
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.

© 2022 Lafayette Federal Credit Union |
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Retirement Planning

3.64% APY*

Rest easy now knowing you are preparing for your future.

Financial Calculators

3.64% ^APY*