Save 20k in 5 Years
Calculate the regular savings needed to save up $20,000 in 5 Years. 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 $20,000. 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.
Savings Interest Rate |
Save 20,000 in 5 in Years (Monthy Savings Required) |
0.25% |
$331.29 |
0.50% |
$329.26 |
0.75% |
$327.25 |
1.00% |
$325.24 |
1.25% |
$323.26 |
1.50% |
$321.28 |
1.75% |
$319.32 |
2.00% |
$317.37 |
2.25% |
$315.43 |
2.50% |
$313.50 |
2.75% |
$311.59 |
3.00% |
$309.69 |
3.25% |
$307.80 |
3.50% |
$305.93 |
3.75% |
$304.06 |
4.00% |
$302.21 |
4.25% |
$300.37 |
4.50% |
$298.54 |
4.75% |
$296.73 |
5.00% |
$294.93 |
5.25% |
$293.13 |
5.50% |
$291.35 |
5.75% |
$289.59 |
6.00% |
$287.83 |
6.25% |
$286.08 |
6.50% |
$284.35 |
6.75% |
$282.63 |
7.00% |
$280.92 |
7.25% |
$279.21 |
7.50% |
$277.53 |
7.75% |
$275.85 |
8.00% |
$274.18 |
8.25% |
$272.52 |
8.50% |
$270.88 |
8.75% |
$269.24 |
9.00% |
$267.62 |
9.25% |
$266.01 |
9.50% |
$264.40 |
9.75% |
$262.81 |
10.00% |
$261.23 |