The Impact of Saving More

Savings Summary

Savings at Current Rate
$ 114,961
With Additional Savings
$ 125,012
By saving an additional 1% more, over your 10-year evaluation period, you will save an additional $10,051.

If you are already a saver, you might ask yourself the question "what if I save more"? Increasing your current savings rate by even 1% can yield significant results. Save even more, and the results are even better. The more you can save, and the longer you can save will open your savings up to the magic of compounding, or the ability to earn interest on your re-invested earned interest.