Savings Calculator
See how your savings can grow over time with compound interest
Savings Parameters
Savings Breakdown
Your Contributions
$25,000Interest Earned
$7,70376%
24%
The Power of Compound Interest
$7,703
Free money earned from interest over 10 years
Maximize Your Savings
Start Early
Time is your best friend when it comes to compound interest
Automate Savings
Set up automatic transfers to save consistently
Increase Gradually
Boost contributions by 1% each year
Shop for Rates
Higher interest rates mean faster growth
Final Balance
$32,703
After 10 years
Monthly Summary
Initial Deposit$1,000
Monthly Savings$200
Interest Rate5%
Time Period10 years
Milestones
$10K3.4 years
$25K8.0 years
$50KNot reached
$100KNot reached
Without Interest
If you saved the same amount without earning interest:
$25,000
You earn $7,703 more with compound interest!