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.)

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Ennis Financial Services
500 Headquarters Plaza
North Tower, Suite 420		 • Morristown, NJ • 07960
Phone: (973) 349-1250 (x250) • Fax: (973) 695-6799
• Tom@EnnisFinancialServices.com

Securities and investment advisory services are offered solely  through registered representatives and investment advisor representatives of Equity Services, Inc., Member FINRA/SIPC,   Broker/Dealer and Registered Investment Advisor, 733 3rd Avenue, Suite 200, New York, NY  10017.  Phone: 212-661-1600.  Ennis Financial Services, LLC and all other entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted.

Tom Ennis is a Registered Representative and Investment Advisor Representative of Equity Services,  Inc. and offers securities in NJ, NY and FL. Tom is also insurance-licensed in NJ, NY, PA and FL.


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