Personal Savings Calculator
Whether you’re saving for a car, house, wedding, renovation or other big-ticket item, our savings calculator will help you figure out how long it will take to reach your goal. With consistent monthly deposits and compound interest, your savings will grow over time. The amount you accumulate, however, will be decreased due to taxes you pay on the interest you've earned. Enter the lump-sum amount you need, plus your current savings, monthly contribution, amount of time, and annual rate of return to see when you’ll reach your savings goal.
Next Steps
Fifth Third can help you reach your savings goals. Learn more about our savings accounts. Questions? Visit a branch or give us a call at 1-877-579-5353.
Additional Resources
Budget Savings Calculator
Use Fifth Third Bank’s budget calculator to find out how spending less in 3 areas adds up and impacts your yearly, 10 year, and retirement savings.
How Inflation Affects Your Savings
The price of a movie ticket, a house, or a semester in college tends to rise over time, sometimes quickly and at other times slowly. That fact has great relevance to your personal savings plan.
Save for Life Event
Learn how much of your funds you should save for an unexpected emergency or a life event with Fifth Third Bank's emergency savings fund.