Savings & Deposit Calculator
Calculate your savings growth and plan your financial future
Lump Sum Deposit
Calculate returns on a one-time deposit
Monthly Savings
Calculate growth with regular monthly deposits
Target Amount
Find monthly amount needed to reach your goal
Deposit Details
$
$10,000
%
years
Your Results
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Monthly Savings Details
$
$500
%
years
Your Results
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Target Savings Details
$
$50,000
%
years
Your Results
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About Compound Interest
Compound interest is the interest calculated on both the initial principal and the accumulated interest from previous periods. It helps your money grow faster over time.
- Earns interest on interest
- Accelerates wealth building
- Time is your greatest asset
- Start saving early for maximum benefit
Savings Tips
Maximize your savings potential with these strategies:
- Set up automatic monthly transfers
- Take advantage of high-yield accounts
- Review and adjust your savings regularly
- Consider tax-advantaged accounts
Types of Savings
Choose the right savings vehicle for your goals:
- Savings Account: Easy access, lower rates
- CDs: Fixed term, guaranteed rates
- Money Market: Higher rates, some restrictions
- Investment Accounts: Higher potential returns with risk