How Long Will it Take to Save $57,000?

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 $57,000?
Calculate how much you need to save every day, week, or month to save $57,000. 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 $57,000. 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 $57,000.
Monthly Savings Needed to Save 57,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $4,707 $4,665 $4,624 $4,584
2 $2,330 $2,287 $2,245 $2,204
3 $1,538 $1,494 $1,452 $1,412
4 $1,142 $1,099 $1,057 $1,017
5 $904 $861 $820 $781
6 $746 $703 $663 $625
7 $633 $591 $551 $514
8 $548 $506 $467 $431
9 $483 $441 $402 $367
10 $430 $389 $351 $316
11 $387 $346 $309 $275
12 $351 $310 $274 $242
13 $321 $281 $245 $213
14 $295 $255 $220 $189
15 $272 $233 $199 $169
16 $253 $214 $180 $151
17 $235 $197 $164 $136
18 $220 $182 $150 $122
19 $206 $169 $137 $111
20 $194 $157 $126 $100
21 $183 $146 $116 $91
22 $172 $136 $107 $83
23 $163 $127 $98 $75
24 $155 $119 $91 $69
25 $147 $112 $84 $63
26 $140 $105 $78 $57
27 $133 $99 $73 $52
28 $127 $93 $67 $48
29 $121 $88 $63 $44
30 $116 $83 $58 $40