How Long Will it Take to Save $63,000?

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 $63,000?
Calculate how much you need to save every day, week, or month to save $63,000. 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 $63,000. 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 $63,000.
Monthly Savings Needed to Save 63,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $5,202 $5,156 $5,111 $5,067
2 $2,575 $2,528 $2,481 $2,436
3 $1,700 $1,652 $1,605 $1,561
4 $1,262 $1,214 $1,168 $1,124
5 $1,000 $952 $907 $864
6 $825 $777 $733 $691
7 $700 $653 $609 $568
8 $606 $560 $516 $476
9 $533 $487 $445 $406
10 $475 $429 $388 $350
11 $428 $382 $341 $304
12 $388 $343 $303 $267
13 $354 $310 $271 $236
14 $326 $282 $243 $209
15 $301 $258 $220 $187
16 $279 $236 $199 $167
17 $260 $218 $181 $150
18 $243 $201 $165 $135
19 $228 $186 $151 $122
20 $214 $173 $139 $111
21 $202 $161 $128 $100
22 $191 $151 $118 $91
23 $180 $141 $109 $83
24 $171 $132 $101 $76
25 $162 $124 $93 $69
26 $155 $116 $86 $63
27 $147 $110 $80 $58
28 $140 $103 $75 $53
29 $134 $97 $69 $49
30 $128 $92 $65 $45