How Long Will it Take to Save $4,000?

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 $4,000?
Calculate how much you need to save every day, week, or month to save $4,000. 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 $4,000. 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 $4,000.
Monthly Savings Needed to Save 4,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $330 $327 $325 $322
2 $164 $160 $158 $155
3 $108 $105 $102 $99
4 $80 $77 $74 $71
5 $63 $60 $58 $55
6 $52 $49 $47 $44
7 $44 $41 $39 $36
8 $38 $36 $33 $30
9 $34 $31 $28 $26
10 $30 $27 $25 $22
11 $27 $24 $22 $19
12 $25 $22 $19 $17
13 $23 $20 $17 $15
14 $21 $18 $15 $13
15 $19 $16 $14 $12
16 $18 $15 $13 $11
17 $17 $14 $12 $10
18 $15 $13 $10 $9
19 $14 $12 $10 $8
20 $14 $11 $9 $7
21 $13 $10 $8 $6
22 $12 $10 $7 $6
23 $11 $9 $7 $5
24 $11 $8 $6 $5
25 $10 $8 $6 $4
26 $10 $7 $5 $4
27 $9 $7 $5 $4
28 $9 $7 $5 $3
29 $9 $6 $4 $3
30 $8 $6 $4 $3