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.