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Savings Calculator

Calculate the amount you need to deposit each month to achieve your savings goals.

Amount you would like to save?
$ dollars
Years in which you would like to reach the savings goal? years
Interest rate do you expect to earn on your savings?
%, with
daily or  monthly compounding.
Amount of money you would first deposit or investment? $ dollars
Do you wish to skip savings two weeks each year? Yes  No 
When do you wish to make your first deposit?
Monthly deposit required:
$ dollars
 
To make that monthly deposit, you should be setting aside: $  daily or $  weekly.

 

 



Copyright © 2002 Thomas J. Glascott, CPA. All rights reserved.