Savings Goals  
Setting a goal is a crucial step in meeting your savings objectives. Do you have specific savings goals, or are you merely hoping you’ll have enough when the need arises? This calculator is designed to help you determine how much you need to save each year to meet your savings goals.
     

What is the total value of your savings? (Add up your bank accounts, investments, and other liquid funds. Do not include pension plans and home equity.)

$

How much would you like to have in the future? (Try to match a specific savings goal with a dollar figure. This will provide greater meaning and motivation.)

$

How many years do you have to save? (Write down the time frame for your goal.)

What after-tax return do you expect on your investments (0 percent 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.)

%
 
   
   

Baltimore Office:
3700 O'Donnell Street
Suite 200
Baltimore, MD 21224
443-957-6000

Rockville Office:
2403 Research Blvd
3rd Floor
Rockville, MD 20850
301-354-3820

Falls Church Office:
7600 Leesburg Pike
West Building
Suite 201
Falls Church, VA 22043
703-821-5410

Elkridge Office:
Wolf & Associates
8176 Lark Brown Road
Suite 201
Elkridge, MD 21075
443-757-0445