How Long Will it Take to Save $72,000?

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 $72,000?
Calculate how much you need to save every day, week, or month to save $72,000. 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 $72,000. 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 $72,000.
Monthly Savings Needed to Save 72,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $5,946 $5,893 $5,841 $5,791
2 $2,943 $2,889 $2,835 $2,784
3 $1,943 $1,888 $1,835 $1,784
4 $1,443 $1,388 $1,335 $1,285
5 $1,143 $1,088 $1,036 $987
6 $943 $888 $837 $789
7 $800 $746 $696 $649
8 $693 $640 $590 $544
9 $610 $557 $508 $464
10 $543 $491 $443 $400
11 $489 $437 $390 $348
12 $443 $392 $346 $305
13 $405 $354 $309 $269
14 $372 $322 $278 $239
15 $344 $294 $251 $213
16 $319 $270 $228 $191
17 $297 $249 $207 $172
18 $278 $230 $189 $155
19 $260 $213 $173 $140
20 $245 $198 $159 $127
21 $231 $184 $146 $115
22 $218 $172 $135 $104
23 $206 $161 $124 $95
24 $195 $151 $115 $87
25 $186 $141 $106 $79
26 $177 $133 $99 $72
27 $168 $125 $92 $66
28 $160 $118 $85 $61
29 $153 $111 $79 $56
30 $147 $105 $74 $51