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| Table 1: Inflation/Return Factors* |
Assumed
Rate** |
Goal Time Frame (Years) |
| 1 |
2 |
3 |
4 |
5 |
10 |
15 |
20 |
25 |
30 |
40 |
| 3% |
1.03 |
1.06 |
1.09 |
1.13 |
1.16 |
1.35 |
1.57 |
1.82 |
2.12 |
2.46 |
3.32 |
| 4% |
1.04 |
1.08 |
1.13 |
1.17 |
1.22 |
1.49 |
1.82 |
2.22 |
2.71 |
3.31 |
4.94 |
| 5% |
1.05 |
1.10 |
1.16 |
1.22 |
1.28 |
1.65 |
2.11 |
2.71 |
3.48 |
4.47 |
7.36 |
| 6% |
1.06 |
1.13 |
1.20 |
1.27 |
1.35 |
1.82 |
2.45 |
3.31 |
4.46 |
6.02 |
10.96 |
| 7% |
1.07 |
1.15 |
1.23 |
1.32 |
1.42 |
2.01 |
2.85 |
4.04 |
5.73 |
8.12 |
16.31 |
| 8% |
1.08 |
1.17 |
1.27 |
1.38 |
1.49 |
2.22 |
3.31 |
4.93 |
7.34 |
10.94 |
24.27 |
| 9% |
1.09 |
1.20 |
1.31 |
1.43 |
1.57 |
2.45 |
3.84 |
6.01 |
9.41 |
14.73 |
36.11 |
| 10% |
1.10 |
1.22 |
1.35 |
1.49 |
1.65 |
2.71 |
4.45 |
7.33 |
12.06 |
19.84 |
53.70 |
| 11% |
1.12 |
1.24 |
1.39 |
1.55 |
1.73 |
2.99 |
5.17 |
8.94 |
15.45 |
26.71 |
79.83 |
| Table 2: Annual Savings Factors* |
Assumed Average
Annual Return |
Goal Time Frame (Years) |
| 1 |
2 |
3 |
4 |
5 |
10 |
15 |
20 |
25 |
30 |
40 |
| 4% |
0.982 |
0.481 |
0.314 |
0.231 |
0.181 |
0.081 |
0.049 |
0.033 |
0.023 |
0.017 |
0.010 |
| 5% |
0.977 |
0.476 |
0.310 |
0.226 |
0.176 |
0.077 |
0.045 |
0.029 |
0.020 |
0.014 |
0.008 |
| 6% |
0.973 |
0.472 |
0.305 |
0.222 |
0.172 |
0.073 |
0.041 |
0.026 |
0.017 |
0.012 |
0.006 |
| 7% |
0.968 |
0.467 |
0.301 |
0.217 |
0.168 |
0.069 |
0.038 |
0.023 |
0.015 |
0.010 |
0.005 |
| 8% |
0.964 |
0.463 |
0.296 |
0.213 |
0.163 |
0.066 |
0.035 |
0.020 |
0.013 |
0.008 |
0.003 |
| 9% |
0.959 |
0.458 |
0.292 |
0.209 |
0.159 |
0.062 |
0.032 |
0.018 |
0.011 |
0.007 |
0.003 |
| 10% |
0.955 |
0.454 |
0.287 |
0.204 |
0.155 |
0.059 |
0.029 |
0.016 |
0.009 |
0.005 |
0.002 |
| 11% |
0.951 |
0.449 |
0.283 |
0.200 |
0.151 |
0.055 |
0.026 |
0.014 |
0.008 |
0.004 |
0.001 |
*Returns do not represent the actual results of any particular investment. The factors assume monthly compounding. If inflation is higher or your returns are lower, you will need to invest more to reach your goal.
**For inflation, the rate is the average annual inflation rate you expect to apply; for return, the rate is the average annual investment return you expect.
Source: NPI
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