Savings / Investment Calculator
Result
Savings / Investment Calculator — free online calculator.
Formula
- Savings / Investment Calculator projects an initial balance plus recurring annual contributions using the selected annual return, time horizon and compounding frequency.
- The main inputs are Initial savings, Annual contribution, Annual return, Years, Compounds per year. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: Savings / Investment
- Initial savings: 10000
- Annual contribution: 2000
- Annual return: 7 %
- Years: 10
- Compounds per year: 12
With 10,000 initially, 2,000 contributed each year, 7% annual return, 10 years and monthly compounding, projected savings are about 48,944.08.
Sample result: Calculating…
Frequently asked questions
What does the Savings / Investment calculate?
Actual investment returns vary and may be higher or lower than the assumed rate.
Which values should I enter?
Enter Initial savings, Annual contribution, Annual return, Years, Compounds per year using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: FV of contributions uses compound growth over the years to retirement; contribution timing determines the exact annuity factor.
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.