Savings calculators
These calculators help you project how your money grows when you save regularly, how compound interest works and how much purchasing power inflation takes away.
They are useful if you are starting to save, comparing accounts or deposits with different returns, or setting a realistic savings goal.
Calculators in this category
7 available
- Savings CalculatorEstimate how your savings may grow based on your starting balance, regular contributions, interest rate and time period. View projected balance and interest.Available
- Compound Interest CalculatorCalculate the future value of money with compound interest. Adjust principal, annual rate, compounding frequency, term and optional contributions.Available
- Simple Interest CalculatorCalculate simple interest and the final amount using principal, annual rate and time. See a clear breakdown of the result.Available
- Monthly Savings CalculatorProject how much you could accumulate by saving each month. Enter your starting balance, monthly deposit, rate and duration.Available
- Savings Goal CalculatorFind the periodic contribution needed to reach a savings target using your current savings, goal amount, target date and assumed rate.Available
- Emergency Fund CalculatorEstimate an emergency fund target from essential monthly expenses and desired coverage months. Compare it with your current savings.Available
- Inflation CalculatorEstimate how inflation affects purchasing power and the future equivalent of an amount over a selected number of years.Available
Frequently asked questions
Which savings calculator should I use?
If you contribute a fixed amount every month, use the savings calculator. If you want to choose the compounding frequency or contribution timing, use the compound interest calculator. To see what that money will be worth in real terms, follow up with the inflation calculator.
Do the results include taxes and fees?
No. Projections show growth before taxes and fees, at a constant interest rate. Always check the terms of the specific product.
Related guides
- How to calculate compound interest: formula and examplesLearn how to calculate compound interest with its formula, a step-by-step example and the effect of compounding frequency and regular contributions.
- Simple vs. compound interest: the differencesCompare simple and compound interest with their formulas and the same example over 1, 10 and 20 years, and see when each one is used.
- How to create a monthly budgetBuild your monthly budget in four steps: net income, expenses by category, balance and savings rate, with an example and the 50/30/20 rule.
- What is ROI and how is it calculated?What ROI means, its formula with costs included, a worked example and why it's worth calculating the annualized return too.
- How inflation affects purchasing powerUnderstand how inflation erodes purchasing power, with the formula, a 10-year example, the rule of 72 and its effect on your savings.