Retirement
How to handle stock market volatility if you’re about to retire
6 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.
Experts in all things finance
Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.
About Bankrate
Chief Financial Analyst
Principal U.S. Economy Reporter
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 0.57%. Enter an APY to see how much you can save, or choose an APY from one of our partners.
Latest articles
The amount of money you should save each month will vary based on your goals. Here’s what to know.
Bank consolidation often leads to lower deposit rates. Here’s what the current merger boom means for your savings and how to respond.
The right savings strategy could put that family vacation within reach.
A CD ladder lets savers benefit from higher rates without locking up all your money in long-term CDs.
Here’s what other banks have to offer that you might be missing out on at yours.
Looking for a place to park your savings? Here’s why a MMA might be appealing.
Linking bank accounts is a way to make it easier to transact between the two.
Here’s how these two bank fees compare and how to best avoid them.
The trusted provider of accurate rates and financial information