This Financial and Investment Goals Calculator gives a unique five-array configuration allowing you to give each variable a range of values, thus mirroring the uncertainty involved in the real-life stock market or other such investments. Manipulating the Rate of Return on Investment (ROI%) leads to an output similar to the College Fund example below. Updating Your Goal$ allows you to see the time needed to reach the goal. Adjusting Initial Capital$ and Monthly Invested$ allows for varying amounts in accordance with one's financial situation.
Your
Goal$ | Initial
Capital$ | Monthly
Invested$ | ROI
% |
|
| Years | Investment
Gain$ |
College Fund - Various Goals - Millionaire Example : College Fund - Five different ways to invest and achieve the $50,000 College Fund Based on historical data, we used - 3% (Bank Deposit),
- 5% (T-bill),
- 7% (T-bond),
- 11% (Common Stock), and
- 15% (Growth Stock)
for comparison purposes.
| | Input | Output | | | Your
Goal$ | Initial
Capital$ | Monthly
Invested$ | Return on
Investment
(ROI) % | Years to
Achieve
Your Goal | Investment
Gain$ | | 1 | 50000 | 5000 | 500 | 3 | 6.66 | 5325.08 | | 2 | 50000 | 5000 | 500 | 5 | 6.16 | 8035.37 | | 3 | 50000 | 5000 | 500 | 7 | 5.83 | 10586.18 | | 4 | 50000 | 5000 | 500 | 11 | 5.16 | 14299.66 | | 5 | 50000 | 5000 | 500 | 15 | 4.66 | 17225.53 |
Try Your Own Calculations
Example : Various goals - Invested in stocks with 15% return - How long will it take to achieve them?:
| | Input | Output | | | Your
Goal$ | Initial
Capital$ | Monthly
Invested$ | Return on
Investment
(ROI) % | Years to
Achieve
Your Goal | Investment
Gain$ | | 1 | 2000 (PC) | 1000 | 100 | 15 (stock) | 0.75 | 164.6295 | | 2 | 5000 (used car) | 1000 | 100 | 15 | 2.5 | 1064.520 | | 3 | 20000 (new car) | 1000 | 100 | 15 | 7.66 | 10021.84 | | 4 | 200000 (house) | 1000 | 100 | 15 | 21.0 | 174238.1 | | 5 | 1000000 (millionaire) | 1000 | 100 | 15 | 31.6 | 963077.3 |
Try Your Own Calculations
Example : A Millionaire - Invested in stocks with 15% return - The more you invest, the sooner you will be there.
| | Input | Output | | | Your
Goal$ | Initial
Capital$ | Monthly
Invested$ | Return on
Investment
(ROI) % | Years to
Achieve
Your Goal | Investment
Gain$ | | 1 | 1000000 | 1000 | 10 | 15 | 42.4 | 996208.8 | | 2 | 1000000 | 1000 | 100 | 15 | 31.6 | 963077.3 | | 3 | 1000000 | 0 | 1000 | 15 | 17.5 | 796542.4 | | 4 | 1000000 | 1000 | 1000 | 15 | 17.4 | 796542.4 | | 5 | 1000000 | 1000 | 10000 | 15 | 5.5 | 357463.6 |
Try Your Own Calculations
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