Savings Goals  
Setting a goal is a crucial step in meeting your savings objectives. Do you have specific savings goals, or are you merely hoping you’ll have enough when the need arises? This calculator is designed to help you determine how much you need to save each year to meet your savings goals.
     

What is the total value of your savings? (Add up your bank accounts, investments, and other liquid funds. Do not include pension plans and home equity.)

$

How much would you like to have in the future? (Try to match a specific savings goal with a dollar figure. This will provide greater meaning and motivation.)

$

How many years do you have to save? (Write down the time frame for your goal.)

What after-tax return do you expect on your investments (0 percent 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.)

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Elsass Financial Group
125 West Boyer Street • Wadsworth, OH • 44281
Phone: 330.336.9292 or 800.886.8334 • Fax: 330.336.1418

Karl Elsass, CFP®, AIF®, CLU®, ChFC®, MBA
Bill Elsass, CLU®, ChFC®, CASL®, LUTCF

132 South Broad Street, Suite 202
Canfield, OH 44406
Phone: 330.702.9950 or 866.702.8334
Fax: 330.702.9951

Kevin Chiu, CFP®, AIF®, ChFC®, MBA

125 West Boyer St. Wadsworth, OH 44281 Tel: 330-336-9292 Fax: 330-336-1418 Email: info@elsass-efg.com Securities offered through Cambridge Investment Research, Inc., (CIR) a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. CIR, SFCU, C1CU and Elsass Financial Group are not affiliated. Non-deposit investment products: are not FDIC or NCUA insured • are not obligations of or guaranteed by the credit union • involve investment risk and may lose value. Office of Supervisory Jurisdiction located at: 125 W. Boyer, Wadsworth, OH 44281 Phone: 330.336.9292