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.)

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NL Financial Alliance
733 Third Ave, Suite 200 • New York , NY • 10017
Phone: 646-898-3555 • Fax: 646-898-3556
• roger@rogersoo.com


 

Securities and investment advisory services are offered solely through registered representatives and investment adviser representatives of Equity Services, Inc., Member FINRA/SIPC, 733 Third Ave., Suite 200 New York, NY 10017, Tel:212-986-0400.  All entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted.

Roger Soo is a Registered Representative and Investment Adviser Representative of Equity Services, Inc. and offers securities in CA, CT, HI and NY.  Roger Soo is insurance-licensed in the states of NY, NJ, CA (license#0650657) CT, HI, RI, CO, DE, FL, NV, PA, TX, and VA.

Registered Representatives of Equity Services, Inc. do not offer tax or legal advice.  For advice concerning your own situation, please consult with your appropriate professional advisor.