Savings Calculator

Calculate how your savings grow with compound interest

Savings Details

Initial Deposit ($)

Monthly Deposit ($)

Annual Interest Rate (%)

Time Period (years)

Results

Final Balance

Total Deposits

Interest Earned

Building Your Savings

Regular savings with compound interest is one of the most effective ways to build wealth. Even small monthly contributions grow significantly over time.

Savings Tips

Automate: Set up automatic transfers to savings
Emergency Fund: Aim for 3-6 months of expenses
High-Yield Accounts: Choose accounts with competitive rates
Increase Over Time: Boost contributions as income grows