Amazing CARE Network members are required to contribute a minimum of $25.00 monthly and maintain a minimum balance of $100 in their Amazing CARE account. The monthly contribution requirement is waived for members whose account balance is at least $1,000. You can also choose to deposit a lump sum at any time.
Suggested Savings
How much should I set aside monthly/annually at an assumed interest rate yield of 3% on my savings?
| AGE | SAVINGS GOAL | ANNUAL SAVINGS | MONTHLY SAVINGS |
|---|---|---|---|
| 45 | $30,000 | $482.00 | $40.17 |
| 45 | $50,000 | $803.00 | $66.92 |
| 55 | $30,000 | $799.00 | $66.58 |
| 55 | $50,000 | $1,331.00 | $110.92 |
| 65 | $30,000 | $1,566.00 | $130.50 |
| 65 | $50,000 | $2,610.00 | $217.50 |
| 75 | $30,000 | $5,846.00 | $457.17 |
| 75 | $50,000 | $9,143 | $761.92 |
How much should I set aside monthly/annually at an assumed interest rate yield of 6% on my savings?
| AGE | SAVINGS GOAL | ANNUAL SAVINGS | MONTHLY SAVINGS |
|---|---|---|---|
| 45 | $30,000 | $254.00 | $21.17 |
| 45 | $50,000 | $423.00 | $35.25 |
| 55 | $30,000 | $516.00 | $43.00 |
| 55 | $50,000 | $860.00 | $71.67 |
| 65 | $30,000 | $1,216.00 | $101.33 |
| 65 | $50,000 | $2,027.00 | $168.92 |
| 75 | $30,000 | $5,021.00 | $418.42 |
| 75 | $50,000 | $8,368.00 | $697.33 |
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