How Long Will it Take to Save $350,000?

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 $350,000?
Calculate how much you need to save every day, week, or month to save $350,000. 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 $350,000. 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 $350,000.
Monthly Savings Needed to Save 350,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $28,903 $28,645 $28,394 $28,149
2 $14,308 $14,042 $13,784 $13,533
3 $9,444 $9,176 $8,919 $8,671
4 $7,012 $6,746 $6,491 $6,247
5 $5,554 $5,289 $5,037 $4,798
6 $4,582 $4,319 $4,071 $3,837
7 $3,888 $3,627 $3,383 $3,155
8 $3,367 $3,109 $2,869 $2,646
9 $2,963 $2,707 $2,471 $2,254
10 $2,640 $2,386 $2,154 $1,943
11 $2,375 $2,124 $1,897 $1,691
12 $2,155 $1,906 $1,683 $1,483
13 $1,969 $1,723 $1,504 $1,310
14 $1,809 $1,566 $1,351 $1,162
15 $1,671 $1,431 $1,220 $1,037
16 $1,551 $1,313 $1,106 $928
17 $1,444 $1,209 $1,006 $834
18 $1,350 $1,117 $919 $752
19 $1,265 $1,035 $841 $679
20 $1,190 $962 $772 $615
21 $1,121 $896 $710 $558
22 $1,059 $836 $654 $508
23 $1,002 $782 $604 $462
24 $950 $733 $559 $422
25 $902 $688 $518 $385
26 $858 $646 $480 $352
27 $818 $608 $446 $322
28 $780 $573 $414 $295
29 $745 $541 $386 $271
30 $712 $511 $359 $248