Financial Goals Calculator
College Fund Example
Five different ways to invest and achieve a $50,000 College Fund
| Input | Output | |||||
| Your Goal$ |
Initial Capital$ |
Monthly Invested$ |
Return on Investment (ROI)% |
Years to Achieve |
Investment Gain$ |
|
| 1 | 50,000 | 5,000 | 500 | 3 | 6.66 | 5,325.08 |
| 2 | 50,000 | 5,000 | 500 | 5 | 6.16 | 8,035.37 |
| 3 | 50,000 | 5,000 | 500 | 7 | 5.83 | 10,586.18 |
| 4 | 50,000 | 5,000 | 500 | 11 | 5.16 | 14,299.66 |
| 5 | 50,000 | 5,000 | 500 | 15 | 4.66 | 17,225.53 |
Various Goals Example
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 |
Investment Gain$ |
|
| 1 | 2,000 (PC) | 1,000 | 100 | 15 (stock) | 0.75 | 164.6295 |
| 2 | 5,000 (used car) |
1,000 | 100 | 15 | 2.5 | 1,064.520 |
| 3 | 20,000 (new car) |
1,000 | 100 | 15 | 7.66 | 10,021.84 |
| 4 | 20,0000 (house) |
1,000 | 100 | 15 | 21.0 | 17,4238.1 |
| 5 | 1,000,000 (millionaire) |
1,000 | 100 | 15 | 31.6 | 96,3077.3 |
A Millionaire Example
Invested in stocks with 15% return. The more you invest, the sooner you will achieve your goal.
| Input | Output | |||||
| Your Goal$ |
Initial Capital$ |
Monthly Invested$ |
Return on Investment (ROI)% |
Years to Achieve |
Investment Gain$ |
|
| 1 | 1,000,000 | 1,000 | 10 | 15(stock) | 42.4 | 996,208.8 |
| 2 | 1,000,000 | 1,000 | 100 | 15 | 31.6 | 96,3077.3 |
| 3 | 1,000,000 | 0 | 1,000 | 17.5 | 7.66 | 79,6542.4 |
| 4 | 1,000,000 | 1,000 | 1,000 | 15 | 17.4 | 79,6542.4 |
| 5 | 1,000,000 | 1,000 | 10,000 | 15 | 5.5 | 357,463.6 |