Total increase in 10 years = $7,964
If you are already a saver, you might ask yourself the question "what if I save more"? Increasing your current savings rate by even 1% can yield significant results. Save even more, and the results are even better. The more you can save, and the longer you can save will open your savings up to the magic of compounding, or the ability to earn interest on your re-invested earned interest.
This calculator is provided only as a general self-help planning tool. Results depend on many factors, including the assumptions you provide and may vary with each use and over time. We do not guarantee its accuracy, or applicability to your circumstances.