Savings Calculator.

About Our Site

Goal

According to a survey by the Federal Reserve 40% of American adults claimed they would have to sell something, borrow money, or not be able to pay an unexpeded $400 expense.

This site was designed to show the power of compound interest & help offer consumers practical personal finance advice.

“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” — Albert Einsten

Privacy

User privacy is protected across our site by using a secured certificate. We do not sell user data to third parties.

This site is a partner of MyFinance, which enables us to share current savings rates & CD rates with our users. In some cases current local rate tables may show exclusively free listings while in other cases rate tables may consist of exclusively paid listings or a mix of the two categories. We do not have editorial control over the content of rate tables. When users interact with rate tables MyFinance may receive compensation from advertisers. MyFinance, in turn, shares a portion of this with our site.

We use web analytics services from Clicky to help track & improve site performance. Other than tracking website usage through our analytics provider, we do not collect or use any personally identifiable information in any way, shape or form. Clicky published their privacy policy online at https://clicky.com/terms/privacy

Feedback

The calculators on this website use JavaScript, so if you have JavaScript disabled this site won't work. Our email is also obfuscated using JavaScript to minimize how much email spam we receive.

If you have any feedback or suggestions on how to improve our site please contact us. Our email appears in the green footer section of the site. Please scroll over the email & click on it to see the actual address, as the default displayed address is designed to catch spam bots.

Growth

Our site is still relatively small when compared against the vastness of the web. We plan to regularly add new calculators to the site each month, though we are doing it slowly to ensure each calculator is best in class on the web before we launch it.

Our sitemap is located below & if you have requests for specific types of calculators, please ask as we use reader feedback to prioritize the roll out of new calculators across this site.

Savings Calculator Site Map

Bank Savings Account Calculators

  • Savings Calculator - the core calculator on the homepage of our site which offers many features including periodic deposits or withdrawals, inflation & income tax adjustments, and a printable savings growth chart.
  • Savings Goals - see how long it will take you to reach your savings goals or how much you will need to save each month to reach your savings goal by a set date.
  • Weekly Transactions - calculate weekly compounded interest with regular weekly deposits or withdrawals.
  • Monthly Transactions - calculate monthly compounded interest with regular monthly deposits or withdrawals.
  • Single Deposit - track the interest earned on a single deposit compounding daily, weekly, monthly, quarterly, or annually.

Other Calculators

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I very frequently get the question:

'What's going to change in the next 10 years?' And that is a very interesting question; it's a very common one. I almost never get the question: 'What's not going to change in the next 10 years?' And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time. … [I]n our retail business, we know that customers want low prices, and I know that's going to be true 10 years from now. They want fast delivery; they want vast selection. It's impossible to imagine a future 10 years from now where a customer comes up and says, 'Jeff I love Amazon; I just wish the prices were a little higher,' [or] 'I love Amazon; I just wish you'd deliver a little more slowly.' Impossible. And so the effort we put into those things, spinning those things up, we know the energy we put into it today will still be paying off dividends for our customers 10 years from now. When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it." - Jeff Bezos

100%

Risk guarantee


  • Every investment you make comes with a substantial risk of loss of principal or purchasing power. The safest investment you can make is investing in yourself.
    If you let others manage your investments, the single biggest factor you can control is your investment-related expenses, as they have a big impact on compounding.
 

Imagine you have $100,000 invested. If the account earned 6% a year for the next 25 years and had no costs or fees, you'd end up with about $430,000.

If, on the other hand, you paid 2% a year in costs, after 25 years you'd only have about $260,000.

That's right: The 2% you paid every year would wipe out almost 40% of your final account value. 2% doesn't sound so small anymore, does it? - Vanguard