How Long Will it Take to Save $46,000?

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 $46,000?
Calculate how much you need to save every day, week, or month to save $46,000. 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 $46,000. 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 $46,000.
Monthly Savings Needed to Save 46,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $3,799 $3,765 $3,732 $3,700
2 $1,881 $1,845 $1,812 $1,779
3 $1,241 $1,206 $1,172 $1,140
4 $922 $887 $853 $821
5 $730 $695 $662 $631
6 $602 $568 $535 $504
7 $511 $477 $445 $415
8 $443 $409 $377 $348
9 $389 $356 $325 $296
10 $347 $314 $283 $255
11 $312 $279 $249 $222
12 $283 $251 $221 $195
13 $259 $226 $198 $172
14 $238 $206 $178 $153
15 $220 $188 $160 $136
16 $204 $173 $145 $122
17 $190 $159 $132 $110
18 $177 $147 $121 $99
19 $166 $136 $111 $89
20 $156 $126 $101 $81
21 $147 $118 $93 $73
22 $139 $110 $86 $67
23 $132 $103 $79 $61
24 $125 $96 $73 $55
25 $119 $90 $68 $51
26 $113 $85 $63 $46
27 $107 $80 $59 $42
28 $103 $75 $54 $39
29 $98 $71 $51 $36
30 $94 $67 $47 $33