Savings accounts and term share certificates provide a very safe place to store your money and let your funds grow. Use the calculators and resources on this page to plan your saving strategy, and to gain a precise understanding of how your savings decisions now will affect your future goals.

Be sure to also check out our other resources too for articles and tools related to investment planning and IRAs, ESAs, and HSAs.

### Calculators

**Calculator: What Will It Take to Become a Millionaire?**See how long it will take you to save $1 million based on the savings information that you provide. This information includes the amount of your initial lump-sum investment, number of years to save, monthly savings amount, savings interest rate, and inflation rate.**Calculator: How Much Will My Savings be Worth?**Determine the future value of your savings plan based on the savings information that you provide. This information includes the amount of your initial lump-sum deposit, number of years to save, frequency of contributions, periodic savings amount, savings interest rate and inflation rate.**Calculator: What Will It Take to Save for a Vehicle, Home, etc.?**Need to save up for a big ticket item, such as a new car or house? See how long it will take, entering how much you've saved so far, how much you can save each month, number of months you expect to save, and the savings interest rate. Enter the tax rate too, if you are saving the money in a taxable account (otherwise enter zero there).**Calculator: What Will It Take to Save for a College Education?**Determine how much you will be able to save in order to end up with a lump-sum amount to pay the college tuition bill for a child or someone else. The calculator estimates the future cost of tuition based on what you enter for current tuition, expenses, and inflation rate. You can then see how far your current saving strategy will take you towards being able to pay those expenses. Takes into account your expected savings rates and taxes**Calculator: How Will Taxes and Inflation Affect My Savings?**See the effect of inflation and income taxes on your savings plan. You enter how much you currently have saved, number of years to invest and a savings interest rate. The annual growth rate in savings is roughly equal to the savings interest rate minus the inflation rate.**Calculator: How Much of a Difference Will the Rate Make?**See the benefits of compounding over a range of saving periods. You enter several interest rates that you might expect to earn on your deposits, and click to see how they compare. A difference of a couple percent can add up to a sizable difference when the interest or dividends you receive during one period collects interest or dividends of its own in all periods after that (compounding).**Calculator: What's It Worth to Reduce My Spending?**See what the trade-off is between discretionary spending and saving. Every dollar you don't spend could be earning dividends in a savings account. The calculator shows how your savings grow after 1 year, 10 years, and after a number of years that elapse until you retire.**Calculator: How Much, at What Rate, When?**Ascertain the value for any one of the five inputs: your lump-sum deposit, savings interest rate, desired future amount, years and months to save, and periodic contributions. See how changing the other values can affect the one you want to solve for.**Calculator: Which Is Better, Cash or Payments?**Expecting to win the lottery? Compare two payment options: receiving a lump sum today and living off the proceeds after paying income taxes, or receiving an annuity for a specific number of years and paying taxes each year. Lotteries are often paid as annuities, as are life insurance plans.**Calculator: How Much Will My CD or Certificate be Worth at Maturity?**If you're considering a CD at a bank or a Certificate at a credit union (also called Term Share Certificates or Savings Certificates), this calculator will help you determine the value of the certificate when it matures.

### Other Sites

**NCUA Federal Deposit Insurance**Learn more about how your funds are protected by the full weight of the federal government when you deposit them with Provident Credit Union.**NCUA Electronic Share Insurance Calculator**See how much of your deposits are covered by NCUA insurance. Takes into account the separate coverage for retirement accounts, joint accounts, and more.