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Your Savings Tool Your Savings Tool will determine the monthly savings you require to meet a non-retirement financial goal. (Some examples of financial goals include, saving for a family vacation, a down payment, or a major purchase such as a boat). Please enter a brief description of your savings goal. How much does your savings goal cost? (in today's dollars) $ Would you like to increase your savings goal to reflect the rate of inflation? If yes, please input rate. Inflation refers to increases in the cost of living, usually defined as the Consumer Price Index (CPI). % How long will you save for this goal? yrs How long do you plan to keep your money invested before making your purchase? yrs How much have you currently saved towards this goal? $ What is your current annual income? (Income earned on non-registered investments is taxable. In order to determine your marginal tax rate please indicate your current level of income.) $ What is your estimated annual rate of return? %     Make small changes in your spending to free up extra savings. Pay yourself first! Request your branch to automatically withdraw a specific amount from your bank account and deposit it to another account to begin a savings program.