Save 62k in 5 Years
Calculate the regular savings needed to save up $62,000 in 5 Years. 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 $62,000. 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.
Savings Interest Rate |
Save 62,000 in 5 in Years (Monthy Savings Required) |
0.25% |
$1,027.00 |
0.50% |
$1,020.71 |
0.75% |
$1,014.47 |
1.00% |
$1,008.26 |
1.25% |
$1,002.09 |
1.50% |
$995.97 |
1.75% |
$989.88 |
2.00% |
$983.83 |
2.25% |
$977.82 |
2.50% |
$971.86 |
2.75% |
$965.93 |
3.00% |
$960.04 |
3.25% |
$954.18 |
3.50% |
$948.37 |
3.75% |
$942.59 |
4.00% |
$936.85 |
4.25% |
$931.15 |
4.50% |
$925.49 |
4.75% |
$919.86 |
5.00% |
$914.27 |
5.25% |
$908.71 |
5.50% |
$903.20 |
5.75% |
$897.71 |
6.00% |
$892.27 |
6.25% |
$886.86 |
6.50% |
$881.48 |
6.75% |
$876.14 |
7.00% |
$870.84 |
7.25% |
$865.57 |
7.50% |
$860.33 |
7.75% |
$855.13 |
8.00% |
$849.96 |
8.25% |
$844.82 |
8.50% |
$839.72 |
8.75% |
$834.66 |
9.00% |
$829.62 |
9.25% |
$824.62 |
9.50% |
$819.65 |
9.75% |
$814.71 |
10.00% |
$809.81 |