Mode

Forward Goal solver (target → time)

Amount · Period

Initial amount ($) Monthly contribution ($) Annual rate (%) Years

Compounding · Inflation

Compounding frequency

Annual Monthly Daily

Effective annual rate at 5%/yr — annual 5.00% · monthly 5.12% · daily 5.13%

Inflation rate (%)

Growth (monthly)

Compound solid · simple dashed · cumulative principal dashed

Year-by-year details

Interest is the amount earned that year; values are as of year end. All figures are before taxes and fees.

For reference only: this calculator is an approximation based on the assumptions you enter, and actual returns may differ. All results are shown before taxes and fees — interest and investment income may be taxable depending on your jurisdiction, and this calculator does not model any tax. This is not investment advice; consult a professional before making financial or tax decisions. For per-day trading scenarios, try the daily compound calculator.