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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Nationwide Financial Network
28 S. Waterloo Road Ste 203

PO Box 58		 • Devon, PA • 19333
Phone: 610-688-9898
Cell phone: 610-324-1079 		• Fax: 610-688-9897
• chandiz@chandizsmith.com

 

Federal income tax laws are complex and subject to change. The information on this webpage is based on current interpretations of the law and is not guaranteed. Neither the company nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.
Securities and Investment Advisory Services offered through Chandi Z. Smith, CFP CLU as a Registered Representative and Investment Adviser Representative of Nationwide Securities, LLC PO Box 183137, Columbus, OH 43218 (888) 753-7364.  A Registered Investment Advisor. Member FINRA, SIPC.  DBA Nationwide Advisory Services, Inc. in  AR, FL, IL, WV.  DBA Nationwide Advisory Services, in MA, NY, OK.  Representative of Nationwide Life Insurance Company, affiliated companies and other companies.

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