Investment Inputs
Final Breakdown
Yearly Breakdown
| Year | Total Contributions | Total Interest | End Balance |
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Financial Goal Planner
Tell us your goal, and we'll calculate what it takes to get there. Fill in the known values and choose what to solve for.
You need to invest
$0.00
initially to reach your goal.
Scenario Comparison Tool
Compare two different investment strategies side-by-side to see which one works better for you.
Scenario A
Scenario B
Understanding the Concepts
What is Compound Interest?
Compound interest is "interest on interest." It's the magic that happens when the interest you earn on an investment starts earning its own interest. Over time, this effect can lead to exponential growth, making it one of the most powerful forces in finance.
The Rule of 72
A simple, powerful shortcut to estimate the number of years required to double your money at a given annual rate of return. Simply divide 72 by your interest rate. For example, at an 8% annual return, your money would double in approximately 9 years (72 / 8 = 9).
Inflation & "Real Value"
Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. The "Value in Today's $" shows you what your future savings will actually be worth in terms of today's purchasing power, giving you a more realistic view of your wealth.