Improve Your Finances - Increase Your Savings and Wealth
Savings Balances Calculator
Enter your savings balances for your Money Market Account (MMA), Retirement accounts, and Investment Accounts. Then calculate how that matches up with your income.
Start by Entering the amount of money you have in your savings accounts. Combine the total amount for each type of savings, money market and deposit accounts, retirement accounts, and investments accounts.
Calculate your annual gross income based on the average of the last 2 years (if available) tax returns.
It is important to build up savings for all kinds of reasons: cover emergencies, take vacations, live comfortably in retirement.
One way to check your savings is the Savings to Income Ratio.
Savings and Improving Your Finances
Savings accounts are a crucial part of your overall financial health. Liquid savings allow you to pay for emergencies or non-recurring bills. Retirement accounts allow you to prepare for a stable financial situation. Investment accounts help you build wealth.
Take our financial health assessment survey and then get a free consultation.