Our savings calculator can help you determine how much money to set aside annually to meet your goals. We'll estimate your savings based on how much you contribute over the specified number of years, your before-tax return on savings and your marginal tax bracket. Compound interest can have a dramatic effect on the growth of series of regular savings and initial lump sum deposits.
Initial balance or deposit
Enter the amount you plan for your initial investment savings balance.
Annual savings amount
Enter how much you plan to set aside into your savings account annually.
Annual increase in contributions
Enter the amount you plan to increase year-over-year.
Number of years for the analysis
Enter the number of years you plan on contributing to your savings account.
Before-tax return on savings
Percentage of your income you want to set aside before taxes.
Marginal tax bracket
Tax bracket based on your income level. Currently there are six brackets, ranging from 10%-35%.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'