Savings Investment Calculator
The purpose of this calculator is to enable you to determine the future value of your investment savings. By selecting various options, you can calculate current savings, regular contributions, and the future value of an investment. Simply enter values in all fields except the one you wish to calculate and the system will compute the answer.
For example, if you currently have $100,000 in savings available to invest and you wish to know how much that $100,000 would be worth 20 years from now, input the current savings available for investment, the anticipated annual rate of return, the number of years to be invested, contributions (if you plan on making additional contributions during the period), and a predicted rate of inflation (or 0% if you prefer not to adjust for inflation). The system will calculate the future value of your savings.
- For every item in the table, either type a value into the left-hand box, or highlight and click on a value from the drop-down list on the right. Numbers selected from the drop-down list will appear in the right-hand box.
- Ensure that a value has been entered for every item in the table, except for the one you wish to calculate, even if it is only zero.
- Select "Solve" from the drop-down list for the remaining field that you wish to calculate.
- Click on "Calculate".