Project how your savings grow over time with regular contributions and compound interest.
Savings Calculator
Financial
Inputs
How useful was this tool?
Enter your starting savings balance.
Enter how much you plan to deposit each month.
Set the expected annual interest rate.
Enter the number of years to save.
Click Calculate to see your projected balance.
This calculator uses compound interest with monthly contributions. Your savings grow from both your deposits and the interest earned on existing funds. Starting early dramatically increases the final balance due to compounding.
High-yield savings accounts currently offer 4–5%. CDs offer 4.5–5.5%. Long-term investment accounts (index funds) average 7–10% annually.