Savings Calculator - Rat Race Off Ramp

Use this tool to estimate how you can grow your money. This tool assumes you are starting from $0, so if you are starting with more than $0, use the Retirement Nest Egg Calculator to better calculate savings growth and compound interest growth.

1. Enter your monthly savings amount.
2. Enter the number of savings contributions you will make in months.
3. Enter your growth rate as the Annual Interest Rate (somewhere between 5-7% is probably best to stay conservative) – real rates could be higher or lower.
4. Click the ‘Calc’ button.

The results will display an estimate for the size of your savings at the end of your saving period, how much you will have invested, and how much your investments have grown.

The ‘Savings Schedule’ will display a monthly and annual summary for your estimated savings and investment growth.








	

	
	

		

		
		
			Savings Calculator		

		

		
			Periodic Savings Amount?:
			
				
			
		


		
			Number of Periods to Save?:
			
				
			
		


		
			Annual Interest Rate?:
			
				
			
		


		

		
			Final Amount (future value):
			
				
			
		


		
			Interest Earned:
			
				
			
		

		
			Total Amount Invested:
			
				
			
		


		
			Last Deposit Date:
			
				
			
		


		


		

		
			
				
					
				
				
					
				
				
					
				
				
					
				
			
			
				
					
				
				
					
				
			
		


		
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			Savings Calculator — calculate future value

			This calculator easily answers the question "If I save "X" amount for "Y" months what will the value be at the end?"
			The user enters the "Periodic Savings Amount" (amount saved or invested every month); the "Number of Months" and the "Annual Interest Rate" or the annual rate of return one expects to earn on their investments.
			The calculator quickly creates a savings schedule and a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
			The investment term is always expressed in months.
			
				 60 months =  5 years
				120 months = 10 years
				180 months = 15 years
				240 months = 20 years
				360 months = 30 years
			
			If you need a more advanced "Savings Calculator" - one that lets the user solve for the starting amount, the amount to invest, the interest rate, the term required to reach a goal or the future value; or if you would like to easily print the schedule; or if you need to pick a different investment frequency, then you may want to try the calculator located here: https://AccurateCalculators.com/savings-calculator
		
	











	
	
		
			
				
					Currency and Date Conventions
					
				
				
					
						

							
								
							



							
								
							

						
					
					All calculators will remember your choice. You may also change it at any time.
					Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.

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