Monthly Investment Needed
Enter your target amount, time horizon, and expected return.
Monthly investment needed
$0
Total invested: $0
Total you'll invest
$0
Your savings will grow to
$0
Interest earned
$0
Without interest needed
$0/mo
Wealth ratio
0x
Weekly equivalent
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Target amount ($) | $1,000,000 |
| Time horizon (years) | 20 |
| Expected annual return (%) | 8% |
| Current savings ($) | $50,000 |
| Result | Value |
|---|---|
| Monthly investment needed | $1,280/mo |
| Total you'll invest | $307,083 |
| Your savings will grow to | $246,340 |
| Interest earned | $642,917 |
| Without interest needed | $3,140/mo |
| Wealth ratio | 2.8x |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Monthly Investment Needed
- Target amount ($) — default $1,000,000
- Time horizon (years) — default 20
- Expected annual return (%) — default 8%
- Current savings ($) — default $50,000
- Press Calculate to update the results instantly.