Compound Interest Simulator
Savings calculator and planner
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Description

Simulate your investments and visualize the growth of your savings through the incredible power of compound interest.

Whether you're an adept of the FIRE (Financial Independence, Retire Early) movement, planing to make a major purchase, or simply looking to understand how your money can grow over time to support a good retirement, this app will be a great asset in your journey for financial freedom.

This calculator is ideal for simulating fixed income investments, planning your savings, visualizing wealth evolution, and achieving retirement goals or financial independence plans.

Getting started with the "Basic Mode" is easy: Just input the initial amount of money (if any), an optional monthly deposit, the interest rate and how much time you are planing to keep your capital invested. This app will then show you all the information you need in a beautiful graph, accompanied by a detailed analysis for the selected period.

For more customization, the 'Advanced Mode' offers additional features: You can add multiple deposits and withdrawals over time, choose different compounding frequencies (such as daily or quarterly), and adjust the number of days in a year. For example, you can simulate a scenario where you make significant monthly deposits for 30 years, and then begin making annual withdrawals of a percentage of the balance. This calculator is that flexible.

Watch your money work for you, and achieve your financial goals with the magic of compound interest!

Note: This app is for informational purposes only, may contain inconsistencies, and in no way replaces personalized financial advice from a qualified advisor. Investment decisions and life-saving strategies should be based on professional guidance and not on information from unknown sources on the internet.

Terms of Use: https://codexception.com/terms-and-conditions
Privacy Policy: https://codexception.com/privacy-policy
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User Rating

4.84 out of 5

128 ratings in United States

5 star
114
4 star
10
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1 star
1

Ratings History

Reviews

Amazing app

aleker on

Does exactly what I needed. Thank you!

Amazing!

Mjgermany on

Love the app!

Great job showing the 📊

STEV! on

Tried a few other chart apps. Enjoy seeing the month to month period and not just annual growth 👍📊

Can’t save calculations

Steve2348653 on

App looks good but I have many calculations so I would like to save each of it and open it later. Please add a save function and i would purchase it. Thanks.

Please disregard previous rating.

gnorthridg on

$580,000 compounded at 24% over four years is not $1,500,000. The result is $1,371,244. I see that it was compounding monthly.

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App Info

Category
Finance
Languages
English, Afrikaans, Bengali, Catalan, Croatian, Czech, Danish, Dutch, Finnish, French, German, Greek (modern), Hindi, Hungarian, Icelandic, Indonesian, Italian, Japanese, Korean, Malay, Nepali, Norwegian Bokmål, Polish, Portuguese, Romanian, Russian, Chinese, Spanish, Swahili, Swedish, Thai, Turkish, Ukrainian, Vietnamese
Recent version
1.0.14 (1 month ago )
Released on
Dec 23, 2020 (3 years ago )
Last updated
3 weeks ago