How long until my savings reach my goal?

Compound interest can have a dramatic effect on the growth of a single deposit. Use this calculator to determine how many years an existing savings account will take to reach your stated objective.
Savings and Assumptions
Current savings balance ($) 
Desired savings goal ($) 
Before-tax return on savings (%)help
Marginal tax bracket (%)help

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

Powered By CalcXML Calculators For Websites