How Long Will it Take to Save $71,000?

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 $71,000?
Calculate how much you need to save every day, week, or month to save $71,000. 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 $71,000. 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 $71,000.
Monthly Savings Needed to Save 71,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $5,863 $5,811 $5,760 $5,710
2 $2,903 $2,848 $2,796 $2,745
3 $1,916 $1,862 $1,809 $1,759
4 $1,423 $1,368 $1,317 $1,267
5 $1,127 $1,073 $1,022 $973
6 $929 $876 $826 $778
7 $789 $736 $686 $640
8 $683 $631 $582 $537
9 $601 $549 $501 $457
10 $535 $484 $437 $394
11 $482 $431 $385 $343
12 $437 $387 $341 $301
13 $399 $349 $305 $266
14 $367 $318 $274 $236
15 $339 $290 $247 $210
16 $315 $266 $224 $188
17 $293 $245 $204 $169
18 $274 $227 $186 $152
19 $257 $210 $171 $138
20 $241 $195 $157 $125
21 $227 $182 $144 $113
22 $215 $170 $133 $103
23 $203 $159 $123 $94
24 $193 $149 $113 $86
25 $183 $140 $105 $78
26 $174 $131 $97 $71
27 $166 $123 $90 $65
28 $158 $116 $84 $60
29 $151 $110 $78 $55
30 $145 $104 $73 $50