compound interest calculator

  • Millionaire Calculator

    Becoming a millionaire is a far-off dream, but with a good plan and steady investing, it’s nearer than you think. Our Millionaire Calculator assists you in making that goal come true by establishing for you precisely how many years it will take to become $1,000,000 rich. You just fill in your starting investment, monthly contribution, and estimated yearly return, and you get a precise projection of your wealth accumulation down the road based on the wonder of compounding interest.

  • Interest Calculator

    Described by Albert Einstein as the “eighth wonder of the world,” compound interest is the most potent principle of personal finance. While simple interest compounds only on the initial investment, compound interest compounds on both the principal and the interest it has already accrued. Due to its exponential growth, steady savings and early investment can create enormous long-term wealth.