Planned Savings

 Amount Saved 

 Monthly Savings

 Years to Save 
 years

Saving for any event takes discipline. Understanding how much you need to be saving is the first step in putting your plan into action. . The sooner you start saving, the more chance your funds have to grow. Compounded investment returns generate a snowball effect when you invest over many years.

Steps to Follow

Complete the information and click the Results button to see how much you may save over the years you plan to invest. Your current balance and planned monthly savings grow at the selected expected rate of return. If you enter a value for the rate of inflation, the contributions will increase each year by the selected rate.

Adjust any inputs and your results will automatically be refreshed.

Expected Rate of Return

 Rate of return 

 

Annual Cash Flow Summary


YearAccount BalanceAnnual ContributionsExpected Investment Income
2021050012
202251250038
20231,05050065
20241,61550093
20252,208500123
20262,831500154
20273,485500187
20284,172500221
20294,893500257
20305,650500295
20316,445500335
20327,280500376
20338,156500420
20349,076500466
203510,042500514
203611,05600

Growth in Assets Under Your Individual Savings Plan

This chart illustrates the accumulation over time of your savings based on your monthly savings amount and the expected rate of return that you selected.

Accumulated Savings at the End of the Term

This chart shows the breakdown of your estimated total assets at the end of your savings period between actual deposits made by you and the investment returns that you have made on those deposits.