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How do I use the Savings Goal Calculator?
You can use Embark's interactive Savings Goal Calculator to set a personalized savings goal and track your progress — all in one convenient place.
With this new feature, you can:
- Define a savings goal tailored to your needs. You can adjust key details like school type, the age your beneficiary will enroll in school, and the expected rate of return.
- See potential account growth based on your contributions.
- Monitor your progress as you save.
- Get personalized recommendations to help you meet your goal.
- Adjust your contributions to close any gaps between your projected savings and your goal.
Log into your Embark account and look for the “Your Goal” tile in the upper right-hand corner of your account overview page. Click “Add a goal” to create a new one or “Manage” to update an existing goal.
In just a few simple steps, you’ll have a clear snapshot of your path toward your savings goal.