Savings Accumulation  
If you currently have a savings plan in place, it’s important to know how much money you are on track to accumulate. As the saying goes, if you don’t know where you’re going, any road will take you there. Regardless of whether you’re saving for a long-term goal such as retirement or for a short-term goal such as a family vacation, it’s important to have a dollar figure in mind. This calculator is designed to help you estimate the future value of your current savings.
     

Total value of current savings: (Consider your bank accounts, savings accounts, investments, and other liquid funds. In general, do not include pension plans and home equity.)

$

Anticipated additional savings each year: (Push yourself to be a disciplined saver, but be realistic. If you set your expectations too high and fail, you’ll only be hurting yourself.)

$

How many years do you have to save? (Write down an appropriate time frame for you to pursue your savings goal.)

What after-tax return do you expect on your investments (0 to 10 percent)? (Estimate the return on investments based on the time frame and the investment vehicles used for a particular savings goal. Remember to adjust for taxes.)

%
 
   
   
Money Tips Online
2 Arlington Street, #23 • Cambridge, MA • 02140-2743
Phone: 617-491-5885
• strongfinancial@wsfg.com

Only securities and Advisory Services only offered through Wall Street Financial Group, Inc.(WSFG), Registered Investment Advisor, Member FINRA/SIPC.   WSFG may only transact business in those states and international jurisdictions where we are registered/filed notice or otherwise excluded or exempted from registration requirements.  Any communications with prospective clients residing in international jurisdictions where WSFG and its registered representatives are not registered or licensed shall be limited so as not to trigger registration or licensing requirements.  Securities services may not be provided to individuals residing in any states other than AR, CA, CT, DC, ME, MA, NH, NY, NC, PA, RI and TX.  Advisory services may not be provided to individuals residing in any states other than CA, IL, MA and NY.  Insurance services may not be provided to individuals residing in any states other than MA, ME, NY and RI.  Health and other non-variable insurance products and estate planning are not offered through WSFG.  Information provided should not be construed as legal or tax advice; you should speak with an attorney or tax advisor.  For financial calculators please visit:  http://apps.finra.org/investor_Information/Tools/Calculators/calc_disclaimer.asp (if you can not access this link, please copy and paste into your browser).  WSFG did not assist in the preparation of this material, and while it is believed to be from a reliable source, its accuracy and completeness are not guaranteed.  Opinions expressed are those of the author and are not necessarily those of WSFG.  The material has been prepared or is distributed solely for informational pruposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy.  WSFG is not responsible for information contained in websites or literature referenced herein.  WSFG, Strong Financial Group, and companies with websites listed herein are separate entities, individually owned and operated.  


 

Privacy Policy