Banking
September Fed meeting preview: How big will the Fed’s first interest rate cut be?
8 min read
Recession watch
Will the U.S. economy soon be in a recession? It's the trillion-dollar question that even experts don't know the answer to. Here's how to prepare for a potential downturn, and how one could impact you.
Insights from our expert analysts
“Economic uncertainty is a time for reducing debt and boosting savings, not the other way around.”
Do's and don'ts of saving during a recession
To help you navigate saving during a recession, we asked a number of experts what some of the most helpful things to do are, as well as some things you should try to avoid at all costs.
Learn more
Recessions & your money
Should you buy a house during a recession?
Real Estate
How might a recession affect the housing market?
Here are some tips to help make sure your retirement savings are protected in the event of a recession.
The once-booming labor market is starting to face some trouble.
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Senior Economic Analyst
Editor's picks
4 best investments to weather a recession
7 min read
Calculate your savings
Use our Savings Calculator to help you quickly and accurately estimate the growth of your investment. Set a goal and figure out how much you need to save each month to hit the mark.
Months
Years
Total savings breakdown: | ||
| Interest earned | $ 5,803.89 | |
| Total contributions | + $24,000 | |
| Initial deposit | + $10,000 | |
Your total savings
$
39,803.
89
The average APY in the U.S. is 0.6%. Enter an APY to see how much you can save, or choose an APY from one of our partners.
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