Principal is the original amount of an investment. Assume you deposit $500. At the end of 10 years, your account balance has grown to $700. The $500 you deposited is your principal.

Interest Rate


Interest Rate is the amount of return you expect from a given investment. The higher your interest rate, the more you will earn in your investment.

Investment Period


Investment Period is the amount of time you will let your money sit and grow for. Long term investments are generally held for several years, while short term investments are for one year or less.

Investment Goal


Investment Goal is the amount of money you want your investment to grow into. For example, if you invest $1,000, your goal might be to grow it to $1,200.

Amount to save each month

to reach $ in years


Calculations assume a compounding rate of once per month. Values may vary depending on your investment type.

Get Free Tips

Our newsletter gives you free tips to help manage your money wisely. Whether you have $1,000 or $1,000,000, we have you covered.

Earn Extra Money

Learn how to manage money in a way that anyone can understand.

Start with a Free Portfolio Review