How much should I save to meet my goal?

Whether you’re saving for a vacation, the holidays, or upcoming educational expenses, use our calculator to help you determine how much you need to save in order to take the trip or pay for college.

Use this calculator to figure how much your current savings will grow and how much more you’ll need to save each month in order to achieve a given savings goal within a given number of years. Start with Line 1 and enter your future savings goal.

Enter the amount of your future savings goal.

Enter the amount of money you currently have set aside (in an interest earning account) for applying toward your future savings goal.

Enter the annual percentage rate (as a whole number, e.g. if 6.5%, enter 6.5) that you expect your savings will grow at.

Enter the number of years between now and when you want to accomplish your savings goal.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

close up of Jennifer Ebel, Customer Service Representative from Creighton

Take the next steps with us

Now that you know how much you need to save to meet your goal for that dream vacation or to go to college, Midwest Bank is here to help you get started. We offer a variety of types of savings accounts and products to help you make your goal a reality.

Our staff is here to help you get your savings account opened and walk you through the tools like mobile and online banking that can help make your banking experience easy and convenient.

Find a branch near you

Send us a message and we’ll help you get started.

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