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There are many different ways to invest in your future, and regularly setting aside money for savings is a great way to start. TDECU is here to help you, our valued credit union Member, understand the best ways to save. Whether you are saving for retirement, putting aside a vacation savings fund, or saving for college, we have the tools you need to get started. There are many different types of savings accounts, from basic savings to high-yield savings, money market accounts, certificates of deposit, and college savings plans. So how do you know which is right for you? Try out one of our simple savings calculators to help you decide today!1
How can savings calculators help?
Everyone has different savings goals. Using a calculator can help identify how far your money will take you based on factors like starting balance, the amount of your monthly deposit, interest rate, what you are saving for, the number of years it will take to save the amount of money you need, and more.
Start with our savings goal calculator. We have a calculator if you are considering a certificate of deposit and want to understand the annual percentage yield on interest. Have a big purchase in mind? Try out our savings calculator for big-ticket items to discover how long it will take to reach your savings goal.