Are you on track to meet your savings goals? Our simple savings calculator can help you find out. Just input your savings goal, your starting balance, the time period involved, the monthly contributions you intend to make, the expected rate of return and the expected inflation rate.
Determine How Much to Save Each Month to Reach Your Savings Goal
At Nationwide Bank®, our objective is to give you financial tools to help you to achieve your milestones.
We want to help you make the most of your money and earn more on what you save. And it doesn't end there. Once you've used our calculator, you'll know what it will take to reach your particular savings goal.
Once you've used our savings account calculator and learned about what it will take to reach your savings goals, find the banking services to help you get there. From traditional online savings accounts and money market accounts to certificates of deposit and CD laddering strategies, we have the products that can help you achieve your financial goals.
Savings goal – The amount you want to save.
Expected rate of return – The annual interest your savings account pays.
Expected annual inflation rate – This is what you anticipate for the average long-term inflation rate. You can find the most current inflation rate numbers on the Bureau of Labor Statistics website.