How Long Will it Take to Save $74,000?

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 $74,000?
Calculate how much you need to save every day, week, or month to save $74,000. 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 $74,000. 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 $74,000.
Monthly Savings Needed to Save 74,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $6,111 $6,056 $6,003 $5,951
2 $3,025 $2,969 $2,914 $2,861
3 $1,997 $1,940 $1,886 $1,833
4 $1,483 $1,426 $1,372 $1,321
5 $1,174 $1,118 $1,065 $1,014
6 $969 $913 $861 $811
7 $822 $767 $715 $667
8 $712 $657 $607 $560
9 $626 $572 $522 $477
10 $558 $504 $455 $411
11 $502 $449 $401 $358
12 $456 $403 $356 $314
13 $416 $364 $318 $277
14 $383 $331 $286 $246
15 $353 $302 $258 $219
16 $328 $278 $234 $196
17 $305 $256 $213 $176
18 $285 $236 $194 $159
19 $268 $219 $178 $144
20 $252 $203 $163 $130
21 $237 $189 $150 $118
22 $224 $177 $138 $107
23 $212 $165 $128 $98
24 $201 $155 $118 $89
25 $191 $145 $109 $81
26 $181 $137 $101 $74
27 $173 $129 $94 $68
28 $165 $121 $88 $62
29 $158 $114 $82 $57
30 $151 $108 $76 $53