Savings Growth Visualizer
See how your savings grow over time with monthly contributions and compound interest. Enter your details to visualize your future balance.
Understanding Compound Savings Growth
What is compound growth? Compound growth means you earn interest not just on your original savings, but also on the interest that accumulates over time. This “interest on interest” effect can dramatically boost your wealth.
Why does it matter? The earlier and more consistently you save, the more you benefit from compounding. Even small monthly contributions can grow into a large sum over decades.
Example: Saving $200/month at 6% annual interest for 30 years grows to over $200,000—even though you only deposited $72,000.
Pro Tip: Automate your savings to make compounding effortless. The earlier you start, the more you’ll benefit.
Did you know? Compounding is so powerful that Albert Einstein reportedly called it “the eighth wonder of the world.”
How it works: This tool uses compound interest to show how your savings and regular deposits grow over time.