The calculations provided by this financial tool are solely based on the information input by you. This includes savings rate, expected rate of return, etc. These calculations do not reflect any particular terms for BancorpSouth savings and/or any other deposit accounts.

Spend it or Invest in an IRA?

Spending money today has a retirement price tag on it. What you fail to put away today for your retirement will impact how much you have available to you when you're ready to retire. That price tag will depend on how many years you are away from retirement and the rate of return you could receive on those funds over the savings period.