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Compound Interest - Compounder

Have you ever wondered what your money could be worth in 30 years if you saved it instead of spent it

Have you ever wondered what your money could be worth in 30 years if you saved it instead of spent it

Compound Interest - Compounder

by Micah Wilson
Compound Interest - Compounder
Compound Interest - Compounder
Compound Interest - Compounder

What is it about?

Have you ever wondered what your money could be worth in 30 years if you saved it instead of spent it? Compound Interest answers that question by helping you calculate what your money could be worth if you saved it or invested it over time.

Compound Interest - Compounder

App Details

Version
1.1.0
Rating
(87)
Size
13Mb
Genre
Finance Utilities
Last updated
July 29, 2019
Release date
March 27, 2019
More info

App Screenshots

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App Store Description

Have you ever wondered what your money could be worth in 30 years if you saved it instead of spent it? Compound Interest answers that question by helping you calculate what your money could be worth if you saved it or invested it over time.

Imagine you started saving for retirement when you're just 15 instead of 40. Put away $100 bucks a week with 7% returns. By the time you hit retirement age you'd have over 2 million dollars stashed away. You might ask yourself: how, doing the quick math that's only saving $260,000? Well, that is where compound interest comes into play. Even though you only earned and saved a little over $250,000 you gained over $2,000,000 in compound interest. Pretty cool right?

Already have an end goal in mind? Instead solve for contribution amount, return rate, or length. Want to retire with $5,000,000 but aren't sure how much you need to be saving each month to reach that goal? Switch the mode to solve for contribution amount and it will automatically calculate that number.

So check out this awesome compound interest calculator that lets you see your gains broken up by year with a cool interactive graph, multiple tabs, and light/dark themes.

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