SaveCompound

The Save Compound app provides users with a powerful set of financial planning tools to help them achieve their saving and investing goals. Let's take a closer look at each tab and its features:

Compound Interest Calculator: This tab allows users to calculate compound interest on their investments. Users can input the initial amount, interest rate of return, number of years compounded, and the time period. The calculator provides detailed calculations of the future value, interest earned, contributions, and total withdrawals.
Saving Calculator: In this tab, users can determine the weekly or monthly savings amount needed to reach a specific financial goal. By inputting the initial amount, desired goal, and interest rate, users can calculate how much they need to save regularly to achieve their target.
Historical S&P Returns: This tab provides access to historical data on the performance of the S&P 500 index. Users can analyze the fluctuations and trends in the stock market over time, enabling them to make informed investment decisions. This data helps users understand the variability of investing returns and select a realistic rate of return for their saving and investing goals.
Time Lapse View of S&P Invested: This new tab allows users to select a specific year and view the value of their investment in the S&P 500 over time. By choosing the start and end years, initial investment amount, annual contribution, and percent withdrawal, users can see how their investment would have grown and the impact of withdrawals over the selected period.
Overall, the Save Compound app combines these four tabs to provide a comprehensive financial planning tool. It helps users understand the power of compounding, plan their saving and investing strategies, analyze historical market performance, and track the growth of their investments over time. Whether users are saving for short-term goals or long-term financial security, this app offers the features and functionalities needed to support their financial journey. #financialplanning #investing