Important Notice

You are accessing a secure site with confidential information which is restricted to authorized persons only. Unauthorized access or use is not permitted and constitutes a crime punishable by law. Violators will be prosecuted to the fullest extent of the law.

Don't Delay Your Savings Calculator

Waiting to begin your savings plan may have a very important impact on your results. A delay of even a few years could cost you thousands of dollars over your lifetime. This calculator helps show how much money postponing your savings plan may really cost you.

Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

For more information about these these financial calculators please visit: Financial Calculators from KJE Computer Solutions, Inc.

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.

Financial Calculators from
Dinkytown.net

*indicates required.

Years to postpone saving:*This entry is required.Enter an amount between 1 and 45

Savings plan:

Starting amount:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Years:*This entry is required.Enter an amount between 1 and 45

Rate of return:*This entry is required.Enter an amount between 0% and 20%

Additional contributions:*This entry is required.Enter an amount between $0.00 and $100,000.00

Frequency:*This entry is required.

**FIG_GRAPHTITLE** Line Graph: Please use the calculator's report to see detailed calculation results in tabular form.

If you start now your savings could be KJE1 after KJE2.

Definitions

Starting amount

The starting balance or current amount you have invested or saved. For this calculator, the tool assumes your current savings is earning your annual rate of return whether you decide to delay your new contributions or not. For example, if you have a current balance of $1000 and never make any new contributions, your delayed and non-delayed results will be the same.

Additional contributions

The amount that you plan on adding to your savings or investment each period. The options include monthly, quarterly and annually. This calculator assumes that you make your contributions at the beginning of each period.

Years

The total number of years you are planning to save or invest.

Rate of return

The annual rate of return for this investment or savings account. The actual rate of return is largely dependent on the types of investments you select. The Standard & Poor's 500® (S&P 500®) for the 10 years ending December 31^st 2024, had an annual compounded rate of return of 14.9%, including reinvestment of dividends. From January 1, 1970 to December 31^st 2024, the average annual compounded rate of return for the S&P 500®, including reinvestment of dividends, was approximately 11.2% (source: www.spglobal.com). Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The lowest 12-month return was -43% (March 2008 to March 2009). Savings accounts at a financial institution pay less but carry significantly lower risk of loss of principal balances.

It is important to remember that these scenarios are hypothetical and that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are generally subject to higher risk and volatility. The actual rate of return on investments can vary widely over time, especially for long-term investments. This includes the potential loss of principal on your investment. It is not possible to invest directly in an index and the compounded rate of return noted above does not reflect sales charges and other fees that investment funds and/or investment companies may charge.

Years to postpone saving

The number of years you might wait before you begin saving. The tool will then delay your new contributions for that number of years.

Frequency of contributions

How often you make contributions to your account. The options include monthly, quarterly and annually. This calculator assumes that you make your contributions at the beginning of each period.

Cost of waiting

The difference in your savings or investment balance between your delayed and non-delayed plans. All returns and total savings are before tax.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that the company or its affiliates assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results. Use of service is provided without warranty of any kind, either express, implied or statutory, including FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY, AND ACCURACY. Use of service is entirely at users own risk and user should seek professional financial and legal advice without reliance on service. Provider and email service provider shall not be liable for any lost profits, lost business, direct or indirect, punitive or consequential damages or damages of any kind arising out of service use. User agrees to indemnify and hold harmless company, email service provider, and affiliates from any and all liabilities and costs (including attorney fees) for any improper use or violation of these terms.

Calculated amounts and results are for informational purposes only. Actual amounts, durations, rates, and values will vary based on your creditworthiness, individual circumstances, and other unique variables. These results should in no way be construed as an offer or guarantee of credit.

Don't Delay Your Savings Calculator

Savings plan:

If you start now your savings could be KJE1 after KJE2.

Definitions

Starting amount

Additional contributions

Years

Rate of return

Years to postpone saving

Frequency of contributions

Cost of waiting

Warning About Third-Party Sites

Warning About Email

EHL

Equal Housing Lender

NCUA

National Credit Union Administration, a U.S. Government Agency