Savings Calculators

These calculators are for educational and entertainment
purposes only and the results provided are estimates.

"What will it take to become a millionaire?" calculates how long it will take you to save $1 million based on the savings information that you provide.

This calculates the future value of your savings plan based on the savings information that you provide.

"What will it take to save for a vehicle, home, etc.?" calculates different combinations to save a lump-sum amount that you intend to use to buy a vehicle, home, or other big-ticket item.

This calculates different combinations to save a lump-sum amount to pay college tuition bill for a child or someone else.

This calculates the effect of inflation and income taxes on your savings plan.

This calculator shows the benefits of compounding over a range of saving periods. You enter an interest rate that you expect to earn on your investments.

This calculates the trade-off in discretionary spending and saving.

"How much, at what rate, when?" requires you to enter a value in all input fields in order to ascertain the value for any one of the five values. The five inputs are your lump-sum investment, savings interest rate, desired future amount, years and months to save, and periodic contributions.

"Which is better: cash or payments?" compares two payment options: receiving a lump sum today and living off the proceeds after paying income taxes; or receiving an annuity for a specific number of years and paying taxes each year.

This calculator calculates the maturity value of your certificate of deposit.

This calculator allows you to enter actual and desired amounts for various expenses, and shows a table illustrating any excess amount available for investment.

This calculator calculates which is the better financial decision: paying off debt or investing the same amount.

This tool allows you to estimate a payoff date for a debt instrument such as a credit card or auto loan. You can include interest rate changes in the calculation.

This calculator shows how much you need to save, in aggregate and on a monthly basis, to create a reserve fund for unanticipated expenses or loss of income.

This tool shows the total cost of raising a child, based on the beginning and ending years of age and amounts that you enter. The figures are not adjusted for inflation.

This calculator shows the additional income that a working spouse can earn and the expenses associated with the spouse's work, including transportation, clothing, and meals. If you have children, the cost of childcare is likely to be the largest additional expense.

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