How Long Will it Take to Save $170,000?

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 $170,000?
Calculate how much you need to save every day, week, or month to save $170,000. 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 $170,000. 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 $170,000.
Monthly Savings Needed to Save 170,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $14,038 $13,913 $13,791 $13,672
2 $6,950 $6,820 $6,695 $6,573
3 $4,587 $4,457 $4,332 $4,212
4 $3,406 $3,276 $3,153 $3,034
5 $2,698 $2,569 $2,447 $2,331
6 $2,225 $2,098 $1,977 $1,864
7 $1,888 $1,762 $1,643 $1,532
8 $1,636 $1,510 $1,393 $1,285
9 $1,439 $1,315 $1,200 $1,095
10 $1,282 $1,159 $1,046 $944
11 $1,154 $1,032 $921 $821
12 $1,047 $926 $818 $720
13 $956 $837 $730 $636
14 $879 $761 $656 $565
15 $812 $695 $593 $504
16 $753 $638 $537 $451
17 $701 $587 $489 $405
18 $656 $543 $446 $365
19 $615 $503 $409 $330
20 $578 $467 $375 $299
21 $544 $435 $345 $271
22 $514 $406 $318 $247
23 $487 $380 $293 $225
24 $461 $356 $271 $205
25 $438 $334 $251 $187
26 $417 $314 $233 $171
27 $397 $296 $216 $157
28 $379 $278 $201 $143
29 $362 $263 $187 $132
30 $346 $248 $174 $121