How Long Will it Take to Save $85,000?

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 $85,000?
Calculate how much you need to save every day, week, or month to save $85,000. 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 $85,000. 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 $85,000.
Monthly Savings Needed to Save 85,000 by Years and Interest Earned
Years Monthly Savings at 2% Monthly Savings at 4% Monthly Savings at 6% Monthly Savings at 8%
1 $7,019 $6,957 $6,896 $6,836
2 $3,475 $3,410 $3,347 $3,287
3 $2,294 $2,229 $2,166 $2,106
4 $1,703 $1,638 $1,576 $1,517
5 $1,349 $1,284 $1,223 $1,165
6 $1,113 $1,049 $989 $932
7 $944 $881 $822 $766
8 $818 $755 $697 $643
9 $720 $657 $600 $547
10 $641 $579 $523 $472
11 $577 $516 $461 $411
12 $523 $463 $409 $360
13 $478 $418 $365 $318
14 $439 $380 $328 $282
15 $406 $347 $296 $252
16 $377 $319 $269 $225
17 $351 $294 $244 $203
18 $328 $271 $223 $183
19 $307 $251 $204 $165
20 $289 $234 $187 $149
21 $272 $218 $172 $136
22 $257 $203 $159 $123
23 $243 $190 $147 $112
24 $231 $178 $136 $102
25 $219 $167 $126 $94
26 $208 $157 $117 $86
27 $199 $148 $108 $78
28 $189 $139 $101 $72
29 $181 $131 $94 $66
30 $173 $124 $87 $60