How Long Will it Take to Save $14,000?

How much will you need to save every day, every week, and every paycheck to meet your savings goal?
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Here's how much you will have to set aside to save $5,000 in 1 Year:
$96 every week
$191 every two week pay period
$416 every month
$14 every day
How Long Does it Take to Save $14,000?
Calculate how much you need to save every day, week, or month to save $14,000. Enter your savings goal, the time needed, and the investment return that you receive to see how much you need to save regularly to achieve your savings goal of $14,000. Use this to see how much you need to save for retirement, a college education, a down payment on a home, or any type of savings goal.
See the chart below to see how much you need to save based on the length of time needed to save $14,000.
Monthly Savings Needed to Save 14,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $1,156 $1,146 $1,136 $1,126
2 $572 $562 $551 $541
3 $378 $367 $357 $347
4 $280 $270 $260 $250
5 $222 $212 $201 $192
6 $183 $173 $163 $153
7 $156 $145 $135 $126
8 $135 $124 $115 $106
9 $119 $108 $99 $90
10 $106 $95 $86 $78
11 $95 $85 $76 $68
12 $86 $76 $67 $59
13 $79 $69 $60 $52
14 $72 $63 $54 $46
15 $67 $57 $49 $41
16 $62 $53 $44 $37
17 $58 $48 $40 $33
18 $54 $45 $37 $30
19 $51 $41 $34 $27
20 $48 $38 $31 $25
21 $45 $36 $28 $22
22 $42 $33 $26 $20
23 $40 $31 $24 $18
24 $38 $29 $22 $17
25 $36 $28 $21 $15
26 $34 $26 $19 $14
27 $33 $24 $18 $13
28 $31 $23 $17 $12
29 $30 $22 $15 $11
30 $28 $20 $14 $10