Estimate how your savings can grow with interest and regular contributions.
This calculator provides estimates only. Actual returns may vary based on interest rates and compounding methods.
Frequently Asked Questions
Is this calculator for investments or savings?
This calculator is designed for savings accounts and fixed-interest products, not market investments.
Does it assume compound interest?
Yes. You can choose how often interest is compounded using the advanced options.
Can I include monthly contributions?
Yes. Regular contributions can be added monthly or annually.
Does this include taxes or inflation?
No. Taxes and inflation are not included in these estimates.
Why is compound frequency important?
More frequent compounding generally results in slightly higher total interest over time.