Reach savings goals.
Regular saving is the most reliable path to wealth building. Our Savings Calculator shows how much capital you can accumulate through monthly contributions over the years – and how compound interest creates exponential growth.
Final Value = Rate × (((1 + r)^n - 1) / r) × (1 + r)
(r = monthly interest rate, n = number of months)
Example: $200 monthly, 20 years, 6% return
→ Total invested: $200 × 240 = $48,000
→ Final value: ~$93,000
→ Interest earned: ~$45,000 (almost as much as you invested!)
HYSA: 4-5% (current) – safe, liquid
CDs: 4-5% – safe, locked
Bonds: 4-6% – low risk
Balanced Funds: 5-7% – moderate risk
Stock Index ETF: 7-10% long-term – higher risk
⚠️ Note: Past returns don't guarantee future results!
At $200/month and 7% return: After 10 years: ~$35,000 (invested: $24,000). After 30 years: ~$240,000 (invested: $72,000). Interest exceeds your contributions after about 17 years!
For emergency fund and short-term goals: HYSA. For long-term wealth building (>7 years): Index fund. The higher returns of stocks outweigh the risk over long time horizons.
For brokerage investments: No problem – flexible. For CDs: Depends on terms. What matters is consistency over years – occasional skips barely affect the outcome.
No, the calculator shows pre-tax final value. In the US, long-term capital gains are taxed at 0-20% depending on income. Use tax-advantaged accounts (401k, IRA) to minimize or defer taxes.
Pro Tip: The earlier you start, the less you need to invest! Starting at 25, you need ~$200/month for $500k at 7% return. Starting at 45, you need ~$900/month for the same goal.