Goal planning

Reach your savings goal

House down payment, wedding, car, emergency fund — see exactly how to get there.

Your investment
$
$
5.0%
5 years
%
After 5 years
Final balance
$21,770
Total contributions$19,000
Total interest earned+$2,770
Growth multiplier1.15×
Real value (3% inflation)$20,019
❄️ 13% of your final balance is pure interest — your money earned 0.15× itself.
The snowball effect
Year-by-year growth
See year-by-year breakdown tableClick to expand
YearContributionsInterestBalance
1$4,600+$150$4,750
2$8,200+$492$8,692
3$11,800+$1,036$12,836
4$15,400+$1,792$17,192
5$19,000+$2,770$21,770
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Common savings goals

  • Emergency fund: 6-12 months at aggressive saving
  • House down payment (20% of $400K): 3-5 years at $1,500/mo
  • New car ($30K): 2 years at $1,200/mo
  • Wedding ($30K): 2-3 years depending on timeline

Where to keep it

For short-term goals (under 2 years), use high-yield savings. Medium-term (3-5 years), mix HYSA and bond funds. Long-term (5+ years), diversified index fund portfolio usually wins.