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
2019050012
202051250038
20211,05050065
20221,61550093
20232,208500123
20242,831500154
20253,485500187
20264,172500221
20274,893500257
20285,650500295
20296,445500335
20307,280500376
20318,156500420
20329,076500466
203310,042500514
203411,05600

Growth in Your Individual Savings

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.