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 10 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.)

%
 
   
   
Hodnett Insurance Services
4242 Fowler Lane Suite 201 • Diamond Springs, CA • 95619
Phone: 530-622-0592 • Fax: 530-622-1853
• hodnettw@financialnetwork.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

Serving all of El Dorado County including: Diamond Springs, Placerville, Camino, Pollock Pines, Somerset, Mt. Aukum, Grizzly Flat, El Dorado, Shingle Springs, Cameron Park, El Dorado Hills, Georgetown, Rescue, Cool, Pleasant Valley, Coloma, Garden Valley, Lotus, Pilot Hill, and Kyburz. Also parts of Amador County and Sacramento County.


Specializing in: Health / Medical Insurance, Dental Insurance, Vision Insurance, Life Insurance (Term, Universal, Whole), Disability Insurance, Long Term Care.

 

Registered to sell securities  in the following states:  California, Illinois, Ohio and Utah

Licensed to sell insurance products in the following states:  California


Hodnett Insurance Service is not affiliated with Financial Network Investment Corporation

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in CA.

We are registered to sell Securities in CA,IL,OH,UT.

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