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.
The Impact of Saving More
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.
The accuracy of this calculator is not guaranteed by First Citizens Bank [or its affiliates] and is intended for informational purposes only. The calculator displayed does not constitute the advice of, or reflect actual products, services, rates and/or terms available from First Citizens Bank [or its affiliates] and nothing contained in the calculator shall constitute an offer or solicitation of a product or service by First Citizens Bank [or its affiliates].