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My Savings Plan
Start your savings plan today! Invest wisely and watch your wealth grow. Discover how soon you can reach your first $100K! 💡
Last update Dec 2024
- Scenario 1: Estimated Wealth
Adjust your savings plan and watch how it impacts your investment growth. The chart reveals your estimated account wealth over time—aim for your financial goals!
# Years from Now
Try your numbers:
Enter your total savings as of now.
A =
Enter your planned monthly or yearly savings.
B̃ =
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- AmountAny single amount ($).
- Cash FlowRent, insurance premium, salary, ...
- Current AssetReal estate, commodity, bonds, ...
- Installment LoanMortgage, car loan, ...
- PercentageAny percentage value (%).
- Years / MonthsAny time horizon.
- AgeShow "Age" instead of "# Years from Now."
- Retirement Age (requires Age)Enable "Investment Return After Retirement."
Time Value Assumptions
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How is Cash Value calculated?
Add up the projected investment value of current savings, and recurring savings.
Decisions / Expectations
(Expressions are evaluated at Year 0 only.)
C̃ =
Calculations
(Expressions are evaluated at every year.)
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- Buy AssetBuy an asset growing at its own rate.
- Take Installment LoanTake a mortgage, loan, etc.
- InvestReceive/Spend a lump sum.
- Expect to InvestExpect to receive/spend a lump sum.
- Expect Monthly Cash FlowExpect to receive/spend cash monthly.
- Expect Yearly Cash FlowExpect to receive/spend cash yearly.
- Define Variable (Numerical)Calculate an intermediate value.