How Your Savings Will Add Up

Savings Chart

The chart below shows you how your savings will grow depending on how much you save and what kind of return you get from your savings. All figures below are computed on a daily compounding of interest.

Review the following tables to find out how even a small amount of regular savings can grow.

If you start a savings account with an initial deposit of $100 at an interest rate of 1.1 percent and deposit an additional $20 each month, over time your savings will add up to the following amounts:

Years of Savings Amount of Savings
After 5 years $1,339
After 10 years $2,647
After 15 years $4,030
After 20 years $5,491
After 25 years $7,034

If you start a savings account with an initial deposit of $100 at an interest rate of 1.1 percent and deposit an additional $80 each month, over time your savings will add up to the following amounts:

Years of Savings Amount of Savings
After 5 years $5,042
After 10 years $10,263
After 15 years $15,780
After 20 years $21,602
After 25 years $27,666