How Long Will it Take to Save $80,000?

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 $80,000?
Calculate how much you need to save every day, week, or month to save $80,000. 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 $80,000. 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 $80,000.
Monthly Savings Needed to Save 80,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $6,606 $6,547 $6,490 $6,434
2 $3,270 $3,210 $3,151 $3,093
3 $2,159 $2,097 $2,039 $1,982
4 $1,603 $1,542 $1,484 $1,428
5 $1,269 $1,209 $1,151 $1,097
6 $1,047 $987 $930 $877
7 $889 $829 $773 $721
8 $770 $711 $656 $605
9 $677 $619 $565 $515
10 $603 $545 $492 $444
11 $543 $485 $433 $387
12 $493 $436 $385 $339
13 $450 $394 $344 $299
14 $414 $358 $309 $266
15 $382 $327 $279 $237
16 $354 $300 $253 $212
17 $330 $276 $230 $191
18 $309 $255 $210 $172
19 $289 $237 $192 $155
20 $272 $220 $176 $141
21 $256 $205 $162 $128
22 $242 $191 $150 $116
23 $229 $179 $138 $106
24 $217 $168 $128 $96
25 $206 $157 $118 $88
26 $196 $148 $110 $80
27 $187 $139 $102 $74
28 $178 $131 $95 $67
29 $170 $124 $88 $62
30 $163 $117 $82 $57