💰 Savings Plan Calculator: Your Tool for Long-Term Wealth Accumulation
With our Savings Plan Calculator you can calculate simply and transparently how your money could develop with regular saving. Please enter:
- Optional one-time Starting Capital
- Monthly Savings Rate
- Expected Average Annual Return
- Term in years
And you will immediately see:
- The Expected Final Capital
- Your Total Contributions
- The Profit through Compound Interest
💡 Example Calculation
Suppose you start with €1,000 in starting capital, save €100 monthly over 20 years, and achieve an average return of 7% per year.
This results in:
- Final Capital: €56,131
- Total Contributions: €25,000
- Profit (Interest & Compound Interest): €31,131
You can see: Even with small monthly amounts, considerable wealth can be accumulated over time through the compound interest effect.
🔍 Why is This Tool Worthwhile for You?
- You gain clarity on how even small contributions can develop into considerable wealth over time.
- You recognize how strongly the term and the return assumption influence the result.
- You can run through various “what-if” scenarios and thus optimize your savings strategy.
- Ideal for long-term goals such as retirement provision, wealth accumulation, or larger purchases.
⚙️ How It Works at a Glance
- Enter your data: Starting Capital + Monthly Savings Rate + Term + Return Assumption
- The calculator simulates how your assets grow through the compound interest effect
- Analyze the result and adjust the savings rate or term if necessary to reach your goal sooner
📝 Notes & Tips
The calculation is based on a constant return assumption. Inflation, taxes, fees, or market fluctuations are not automatically included – please calculate these factors separately.
💡 Tip: Even a small increase in your savings rate or a longer term can significantly improve the final result. Use the tool regularly to optimize your strategy.