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Savings Goals

Are You on Pace to Meet Your Savings Goals?

Setting a goal is a crucial step in meeting your savings objectives. Do you have specific savings goals, or are you merely hoping you’ll have enough when the need arises?

This calculator is designed to help you determine how much you need to save each year to meet your savings goals.

 

Are you able to save the annual amount needed to pursue your targeted savings goal? If not, you may need to reexamine your savings plan and make some adjustments. You can change some of the variables to see how they affect your results.

Your Results

Total value of current savings: $0
Number of years you have to save: 0
After-tax rate of return you expect on your investments: 0%
Annual savings required: $0

Are you satisfied with your savings accumulation? This graph shows the amount you would have to save each year to meet your goal at various rates of return. But remember that one of the most important steps you can take to work toward your goals is to avoid procrastination. Start saving for your goals today.

Impact of Rate of Return on Annual Savings Required

 

The information provided is not specific investment advice, a guarantee of performance, or a recommendation. Rates of return will vary over time, particularly for long-term investments. Investments offering the potential for higher rates of return also involve a higher degree of risk.

Locations & Hours

  • Phone (231) 627-8303

303 N. Main St.
Cheboygan, MI 49721

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Monday - Friday by appointment only

  • Phone (231) 627-8303

8011 S. U.S. 31
Alanson, MI 49706

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  • Phone (231) 627-8303

414 Division St
Cheboygan, MI 49721

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  • Phone (231) 627-8303

10854 N. Straits Hwy
Cheboygan, MI 49721

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  • Phone (231) 627-8303

3990 S. Straits Hwy
Indian River, MI 49749

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  • Phone (231) 627-8303

580 S. Nicolet St.
Mackinaw City, MI 49701

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  • Phone (231) 627-8303

20581 State St.
Onaway, MI 49765

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  • Phone (231) 627-8303

200 Stimpson St. (US 31)
Pellston, MI 49769

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  • Phone (231) 627-8303

304 Michigan St.
Petoskey, MI 49770

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  • Phone (231) 627-8303

308 State St.
Petoskey, MI 49770

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  • Phone (231) 627-8303

465 N. Third St.
Rogers City, MI 49779

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Check the background of this financial professional on FINRA's BrokerCheck