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This calculator uses as inputs the amount of money you have now, the years to grow, and the rate of return to calculate how much money you will have at the end of the growth period. It is a great example of how the time value of money and the compounding effect of money come into play in wealth building.
This is a great investment calculator because it tells you how long it will take to reach your retirement goal. The inputs for this calculator are the amount you invest each year, your financial goal amount, and your expected annual return. Put in these three assumptions and the model will tell you how many years it will take you to reach your goal. Make sure and change the assumptions to see the effect that they have on the time to reach your financial goal.
This investing calculator estimates how much your current portfolio will be worth at some point in the future, given different levels of return and different amounts of time invested. Fill in the assumptions and see how much you could save if you invest wisely.
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