How Long Will it Take to Save $3,000?

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 $3,000?
Calculate how much you need to save every day, week, or month to save $3,000. 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 $3,000. 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 $3,000.
Monthly Savings Needed to Save 3,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $248 $246 $243 $241
2 $123 $120 $118 $116
3 $81 $79 $76 $74
4 $60 $58 $56 $54
5 $48 $45 $43 $41
6 $39 $37 $35 $33
7 $33 $31 $29 $27
8 $29 $27 $25 $23
9 $25 $23 $21 $19
10 $23 $20 $18 $17
11 $20 $18 $16 $14
12 $18 $16 $14 $13
13 $17 $15 $13 $11
14 $16 $13 $12 $10
15 $14 $12 $10 $9
16 $13 $11 $9 $8
17 $12 $10 $9 $7
18 $12 $10 $8 $6
19 $11 $9 $7 $6
20 $10 $8 $7 $5
21 $10 $8 $6 $5
22 $9 $7 $6 $4
23 $9 $7 $5 $4
24 $8 $6 $5 $4
25 $8 $6 $4 $3
26 $7 $6 $4 $3
27 $7 $5 $4 $3
28 $7 $5 $4 $3
29 $6 $5 $3 $2
30 $6 $4 $3 $2