How Long Will it Take to Save $18,000?

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 $18,000?
Calculate how much you need to save every day, week, or month to save $18,000. 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 $18,000. 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 $18,000.
Monthly Savings Needed to Save 18,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $1,486 $1,473 $1,460 $1,448
2 $736 $722 $709 $696
3 $486 $472 $459 $446
4 $361 $347 $334 $321
5 $286 $272 $259 $247
6 $236 $222 $209 $197
7 $200 $187 $174 $162
8 $173 $160 $148 $136
9 $152 $139 $127 $116
10 $136 $123 $111 $100
11 $122 $109 $98 $87
12 $111 $98 $87 $76
13 $101 $89 $77 $67
14 $93 $81 $69 $60
15 $86 $74 $63 $53
16 $80 $68 $57 $48
17 $74 $62 $52 $43
18 $69 $57 $47 $39
19 $65 $53 $43 $35
20 $61 $49 $40 $32
21 $58 $46 $37 $29
22 $54 $43 $34 $26
23 $52 $40 $31 $24
24 $49 $38 $29 $22
25 $46 $35 $27 $20
26 $44 $33 $25 $18
27 $42 $31 $23 $17
28 $40 $29 $21 $15
29 $38 $28 $20 $14
30 $37 $26 $18 $13