Savings Accumulation  
If you currently have a savings plan in place, it’s important to know how much money you are on track to accumulate. As the saying goes, if you don’t know where you’re going, any road will take you there. Regardless of whether you’re saving for a long-term goal such as retirement or for a short-term goal such as a family vacation, it’s important to have a dollar figure in mind. This calculator is designed to help you estimate the future value of your current savings.
     

Total value of current savings: (Consider your bank accounts, savings accounts, investments, and other liquid funds. In general, do not include pension plans and home equity.)

$

Anticipated additional savings each year: (Push yourself to be a disciplined saver, but be realistic. If you set your expectations too high and fail, you’ll only be hurting yourself.)

$

How many years do you have to save? (Write down an appropriate time frame for you to pursue your savings goal.)

What after-tax return do you expect on your investments? (0 to 12 percent). Estimate the return on investments based on the time frame and the investment vehicles used for a particular savings goal. Remember to adjust for taxes.)

%
 
   
   
Mahoney/Frontier Financial Group
East Concord branch: 12111 Rt.240 East Concord NY, 14055 ( Next to the Fireside Inn )

Wellsville branch: 118 N Main Street Wellsville NY, 14895
Phone: (East Concord Branch) 716-592-9225 Toll free 1-888-592-9225
(Wellsville Branch) 585-593-6408 Toll free 1-800-281-9762		 • Fax: (East Concord branch)716-592-3413
Fax: (Wellsville Branch)585-593-2002
www.mahoneyassoc.com

 

 

 

Securities offered through Cadaret, Grant & Co.,Inc.

Member FINRA & SIPC.
 

Kevin L. Mahoney, Branch Manager.

This Web site is only intended for residents of states where we are licensed to sell Insurance and Securities. Currently we are registered in Florida,Ohio,Pennsylvania and New York. 

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