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:/financial-calculators.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.
