Calculate your financial future with our advanced tool, featuring inflation and tax impact analysis, and a private portfolio tracker.
Find out how much you need to contribute regularly to reach a specific financial goal.
Discover how quickly you can become debt-free by making regular payments.
Compare two different investment scenarios side-by-side to see which plan is better for you.
Securely save and track your investment scenarios. All data is private to your user ID.
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Enter a financial term or question for a simple explanation, tailored to your country.
A core feature that accurately projects the growth of your investments over time by accounting for the magic of compound interest.
Calculates the future value of your investment in "today's dollars," accounting for the eroding power of inflation. See your real buying power over time.
Enter your tax rate on investment earnings to see your true, after-tax return. This provides a more realistic view of your financial growth.
Based on your inputs, our AI provides personalized tips and insights to help you reach your financial goals faster and smarter.
A specialized tool to model how long it will take to pay off a loan and the total interest paid, empowering you to tackle debt strategically.
This feature works in reverse, helping you determine the monthly contribution needed to reach a specific financial target by a set date.
A new tool to compare two different investment strategies side-by-side, visualizing the outcomes of varying inputs like rates or contributions.
Automatically updates the currency symbol for your selected country, making the tool relevant for a worldwide audience.
Model various savings scenarios to project your future nest egg, accounting for inflation to see your real retirement lifestyle.
Determine how much you need to save monthly to fund a child's education, considering tuition inflation and expected returns.
Calculate the timeline and savings needed to reach a target for a down payment on a house, a new car, or a vacation.
Test different interest rates, contribution amounts, and time frames to compare the potential outcome of various investment options.
Use the debt repayment tool to plan an aggressive strategy for paying off high-interest loans like credit card debt.
Model the slow, steady growth of your emergency fund in a high-yield savings account to ensure it keeps up with inflation.
Analyze the long-term return on investment from a rental property, factoring in rental income as contributions over time.
Visually demonstrate why a compounding investment account is superior to a simple savings account over the long term.
New to investing and want to visualize the power of starting early with consistent contributions and compounding growth.
Use the tool to create quick, illustrative scenarios for clients, demonstrating the importance of long-term financial discipline.
Individuals who manage their own savings and investments and want to test different strategies and track their progress over time.
Whether you're saving for a home, a car, or just building wealth, this calculator helps you set realistic and achievable financial milestones.
People struggling with high-interest debt who need a clear plan to become debt-free by modeling aggressive repayment scenarios.
Those planning for their children's future education funds or trust funds, who need to project long-term growth and required contributions.
Planning for future capital expenditures or business expansion funds by modeling the growth of business savings.
Students and educators learning about personal finance, the time value of money, and the impact of inflation and taxes on investments.
Securely save and track your investment scenarios. All data is private to your user ID.
No scenarios logged yet.
Enter a financial term or question for a simple explanation, tailored to your country.
A: Regular contributions, even small ones, significantly accelerate compounding. They add to your principal, allowing your interest to earn interest on a larger and larger sum over time, leading to exponential growth. It's often more impactful than a large initial investment alone.
A: Inflation causes money to lose its purchasing power over time. A 7% return is great, but if inflation is 3%, your real return is only about 4%. The inflation-adjusted calculation shows you the true value of your future money in today's terms, giving you a more realistic view of your financial growth.
A: Most investment gains are subject to taxes. This calculation estimates your earnings after a specified tax rate is applied annually, providing a more accurate picture of your net worth. It helps you understand the impact of taxes on your long-term wealth accumulation.
A: Yes. Your portfolio scenarios are securely stored in a private Firebase database linked to a unique user ID, which is automatically assigned to you. Your data is not publicly accessible and is associated only with your unique identifier, ensuring your privacy.
A: The Rule of 72 is a mental shortcut to estimate the number of years required to double your money at a given annual rate of return. You simply divide 72 by the annual interest rate. For example, at a 10% rate, your money would double in approximately 7.2 years ($72 \div 10 = 7.2$).
A: While this calculator doesn't have a specific input for fees, you can account for them by slightly lowering the Annual Interest Rate. For example, if you expect a 7% return but pay 1% in annual fees, you should calculate using a 6% rate. Fees, even small ones, can have a significant negative impact on long-term growth.
A: Yes! You can use the main calculator by viewing your debt as a negative principal and your payments as a negative contribution. Or, more simply, use our dedicated Debt Repayment Calculator to see how quickly you can pay off your loan with regular payments. The principle of compound interest works in reverse against you with debt.
A: Yes. The more frequently interest is compounded, the faster your money grows. While the difference between daily and monthly compounding might seem small over a few years, it can become quite significant over a long time horizon, as your interest starts earning interest sooner.
A: APR (Annual Percentage Rate) is the simple interest rate, not accounting for compounding. APY (Annual Percentage Yield) is the effective rate that includes the effect of compounding. APY is always equal to or higher than the APR. For investment calculations, APY is the more accurate measure to use.
A: The chart visually separates your total contributions from the total interest you've earned. This helps you clearly see the "snowball effect" of compound interest. Over time, you'll notice that the interest portion of your portfolio begins to grow faster than your own contributions, demonstrating the power of passive income.
This tool is for informational and educational purposes only and should not be considered professional financial advice. All calculations are theoretical estimates. Actual investment returns, inflation rates, and tax laws can vary significantly and are subject to change. Always consult with a qualified financial advisor before making any investment decisions. The data saved in your private portfolio log is for your personal use and is not reviewed or used by us.
Jayesh is passionate about creating intuitive financial tools that empower people to take control of their financial future. With a background in software development and a keen interest in personal finance, he combines technical expertise with a deep understanding of investment principles to build tools that are not only powerful but also easy to use for everyone, everywhere.
Invest smarter, grow stronger!