Investing Duration Calculator
Find out roughly how long it will take to reach a savings or investing goal, based on what you're starting with and adding along the way.
Your details
Time to reach your goal
8 yrs 6 mos
Goal amount
$50,000
Total contributions
$30,600
Investment return
$14,529
This calculator gives an estimate only, assuming a constant annual growth rate and contribution amount. It does not account for taxes, fees or inflation, and is not financial advice.
How to use this calculator
- 1. Enter your current savings and the amount you're aiming to reach.
- 2. Enter the annual growth rate you expect, plus how much you plan to add regularly and how often.
- 3. The calculator works out roughly how many years and months it will take to hit your goal, with a year-by-year breakdown.
FAQ
How is the time to reach my goal calculated?
The calculator solves for the number of months needed for your starting balance plus regular contributions, compounding monthly, to reach your target amount.
What if my goal isn't reachable?
If you've entered no growth rate and no regular contributions, and your current savings are below your goal, there's no path to reaching it. You'll see a message instead of a timeline.
Why might my real timeline differ from this estimate?
This tool assumes a constant growth rate and a constant contribution amount every period. Real investment returns vary year to year, and your ability to contribute may change too.
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Disclaimer
The results provided by this calculator are estimates only, based on the assumptions you enter, and are not a prediction or financial advice. Actual timelines will vary. Consider speaking with a licensed financial adviser before making any financial decision.