Use this Calculator to view different investment strategies!
First, fill in the first 4 columns:
Goal – In dollars, enter the amount you would like to have at the end of your investment period.
Initial Capital – In dollars, how much money are you going to be starting with.
Monthly Investment – In dollars, how much money will you be investing each month after you make your initial capital investment.
Interest Rate – Enter the interest rate your money will be invested at. i.e. 5% – enter 5; 5 1/4% – enter 5.25.
Then, hit CALC to see:
Years to Your Goal – How long it will take to get to “Your Goal.”
Your Investment Gain in $$ – The gain in dollars your investment will make.