Savings Calculator
Project savings growth, deposits, and earned interest.
Estimated savings balance
$47,526.55
- Total contributions
- $34,000.00
- Estimated growth
- $13,526.55
Balance growth
Contributions vs growth
| Year | Balance | Contributions |
|---|---|---|
| 0 | $10,000.00 | $10,000.00 |
| 1 | $12,967.39 | $12,400.00 |
| 2 | $16,086.60 | $14,800.00 |
| 3 | $19,365.39 | $17,200.00 |
| 4 | $22,811.93 | $19,600.00 |
| 5 | $26,434.80 | $22,000.00 |
| 6 | $30,243.03 | $24,400.00 |
| 7 | $34,246.09 | $26,800.00 |
| 8 | $38,453.96 | $29,200.00 |
| 9 | $42,877.11 | $31,600.00 |
| 10 | $47,526.55 | $34,000.00 |
Results are estimates for informational purposes only and are not financial advice.
What if you saved more each month?
Compare your current deposit with a different amount.
| Measure | Original | New | Difference | % difference |
|---|---|---|---|---|
| Ending balance | $47,526.55 | $78,583.01 | +$31,056.46 | +65.35% |
| Total contributions | $34,000.00 | $58,000.00 | +$24,000.00 | +70.59% |
| Estimated growth | $13,526.55 | $20,583.01 | +$7,056.46 | +52.17% |
Compare two savings plans
Two savings plans, side by side.
Plan A
Plan B
| Measure | Plan A | Plan B | Difference |
|---|---|---|---|
| Ending balance | $47,526.55 | $47,526.55 | $0.00 |
| Total contributions | $34,000.00 | $34,000.00 | $0.00 |
| Estimated growth | $13,526.55 | $13,526.55 | $0.00 |
Plan A and Plan B look the same on ending balance.
What this calculator does
Estimate a savings balance with recurring deposits and flexible compounding.
Inputs and what they mean
- Starting balance
- — number value.
- Recurring deposit
- — number value.
- Contribution frequency
- — choice value.
- Annual interest rate
- — number value.
- Duration
- — number value.
- Compound frequency
- — choice value.
How to use it
- Enter the values for your estimate.
- Adjust the rate, duration, and optional scenario inputs.
- Review the totals, comparison, chart, and schedule where available.
Formula
Each period, the current balance earns rate ÷ compounding periods, then the recurring contribution is added at the end of that period.
Worked example
Ten-year growth estimate
Start with $10,000 and add $200 monthly at an estimated 5% annual rate.
Reading the result
The headline figure is the main answer. Any breakdown underneath shows the parts that make it up, so you can check the working and see what changes when you adjust an input.
Limitations and assumptions
Results are estimates for informational purposes only and are not financial advice.
Common questions
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