This calculator helps you plan how your investments can grow over time towards your financial goals.
It considers:
- Initial Lump Sum: The amount you already have to invest.
- Monthly Contribution: Your planned monthly investment.
- Investment Duration: How long your investments will grow.
- Estimated Fund Growth: Anticipated annual growth rate of your investments.
- Target Fund Value: The amount you aim to achieve.
The calculator shows:
- Projected Fund Value: What your investments could be worth at the end of the period.
- Shortfall: If there's a gap between your projected fund value and your target.
- Suggestions: Whether a single lump sum or adjusted monthly contributions might help bridge the gap.
Use it to explore different scenarios and make informed decisions about your investments.